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Article: Arlington Asset Investment Corp. Announces Secondary Offering of Common Stock of FBR Capital Markets.
- Article from:
- Investment Weekly News
- Article date:
- November 7, 2009
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Arlington Asset Investment Corp. (NYSE:AI) (the "Company") announced that the Company and one of its wholly owned subsidiaries, FBR Securities Investment HY, LLC, plan to offer 12,830,450 shares of common stock of FBR Capital Markets Corporation (NASDAQ:FBCM) ("FBR Capital Markets") in an underwritten public offering. The underwriters of the offering are expected to have a 30-day option to purchase up to an additional 1,924,567 shares of FBR Capital Markets' common stock from FBR Securities Investment HY, LLC to cover overallotments, if ...