Annaly Capital to redeem 17.7M Series I preferred shares at $25
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Annaly Capital Management, Inc. Announces Redemption of all 17,700,000 Outstanding Shares of 6.750% Series I Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
August 19, 2026 8:00 AM EDTNEW YORK--(BUSINESS WIRE)-- Annaly Capital Management, Inc. (NYSE: NLY) (Annaly or the Company) today provided notice to the record holders (the Notice of Redemption) of the Companys 6.750% Series I Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the Series I Preferred Stock) of the redemption of all 17,700,000 of the issued and outstanding shares of Series I Preferred Stock. The cash redemption amount (the Redemption Amount) for each share of Series I Preferred Stock is $25.00 and will be paid on October 1, 2026 (the Redemption Date).
On the Redemption Date, dividends on the Series I Preferred Stock will cease to... More
