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Annaly Capital Management, Inc. and CreXus Investment Corp. Announce Pricing of CreXus Investment Corp. Initial Public Offering.

Publication: Investment Weekly News
Publication Date: 03-OCT-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Annaly Capital Management, Inc. (NYSE: NLY), announced that CreXus Investment Corp. has agreed to sell 13,333,334 shares of common stock in its initial public offering at a price of $15.00 per share, for gross proceeds of $200.0 million. CreXus Investment Corp. will be externally managed by Fixed Income Discount...



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