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Annaly Capital Management 6.50% Series G Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

By: ,

Date Issued   1/8/2018

Shares Issued   17,000,000  Overallotment Shares  2,550,000

S&P Rating   NR   Moodys Rating   NR

Security Ticker Symbol   NLY-G  OTC Temp Ticker – ACMGP

Market Traded On   NYSE

Dividend Payment Paid on the last day March, June, September and December beginning on 3/31/2018

Quarterly Dividend   .406   Annual Dividend   1.625

Beginning 3/31/2023 the coupon will float at the rate of 3 month Libor plus a fixed base of 4.172%

Securities may be redeemed, at the issuers option, as early as 3/31/2023 for a redemption price of $25/share plus accrued dividends.

Dividend Payment Will NOT BE  a Qualified Distribution–Preferred Stock of REITs do not pay qualified dividends.

Maturity Date   None

Company Investor Relations Page for Annaly Capital Management

Click here to find the offering Prospectus and/or Final Pricing Document

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