Invesco Mortgage Capital (IVR) Prices 8.5M Share IPO at $20

June 26, 2009 8:30 AM EDT

Invesco Mortgage Capital Inc. (NYSE: IVR) announced today the pricing of the initial public offering of 8,500,000 shares of Invesco Mortgage Capital Inc. at $20.00 per common share, in-line with the expected range. Shares will begin trading today on the NYSE under the symbol "IVR."

Credit Suisse and Morgan Stanley are serving as joint book-running managers. Barclays Capital, Keefe, Bruyette & Woods, Stifel Nicolaus, Jackson Securities, Siebert Capital Markets and The Williams Capital Group, L.P. are acting as co-managers.

Invesco Mortgage Capital Inc. is a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential and commercial mortgage-backed securities and mortgage loans.

Invesco Mortgage Capital Inc. is externally managed and advised by Invesco Institutional (N.A.), Inc., a subsidiary of Invesco Ltd. (NYSE: IVZ).

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