MFA Financial (MFA) Prices $75M Notes Offering

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Go back to MFA Financial (MFA) Prices $75M Notes Offering

MFA Financial, Inc. Announces Pricing of Public Offering of Senior Notes

April 15, 2024 4:20 PM EDT

NEW YORK--(BUSINESS WIRE)-- MFA Financial, Inc. (NYSE: MFA) (the Company) announced today the pricing of an underwritten public offering of $75 million aggregate principal amount of its 9.000% senior notes due 2029 (the Notes). The Company has granted the underwriters a 30-day option to purchase up to an additional $11.25 million aggregate principal amount of the Notes to cover over-allotments. The offering is expected to close on April 17, 2024, subject to the satisfaction of customary closing conditions.

The Company intends to apply to list the Notes on the New York Stock Exchange under the symbol MFAO and, if the... More