Arlington Asset (AI) Prices 50% Larger Offering at $24.80/Share

Arlington Asset Investment Corp. (NYSE: AI) has priced an underwritten registered public offering of 3,000,000 shares of Class A common stock at a public offering price of $24.80 per share.

The amount is 50 percent large from original expectations of a 2 million stock offering.

The Company has granted the underwriters an option for 30 days to purchase up to an additional 450,000 shares of Class A common stock to cover over-allotments, if any. Barclays Capital Inc. is serving as sole bookrunning manager for the offering. Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS), is serving as lead manager. Compass Point Research & Trading, LLC is serving as co-manager. The offering is subject to customary closing conditions and is expected to close on Wednesday, September 26, 2012.

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