ARMOUR Residential (ARR) Commences 26M Offering
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ARMOUR Residential REIT, Inc. (NYSE: ARR) is commencing an underwritten public offering of 26,000,000 shares of common stock. ARMOUR expects to grant the underwriters a 30-day option to purchase up to 3,900,000 additional shares of common stock.
Deutsche Bank Securities Inc. and BofA Merrill Lynch are acting as joint book-running managers of the offering.
Deutsche Bank Securities Inc. and BofA Merrill Lynch are acting as joint book-running managers of the offering.
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