Annaly Capital Management 6.75% Series I Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

By: ,

Date Issued  6/20/2019

Shares Issued  16,000,000 Overallotment Shares 2,400,000

Security Ticker Symbol   NLY-I  OTC Temp Ticker – ACAXP


Market Traded On   NYSE

Dividend Payment Paid on the last day March, June, September and December beginning on 9/30/2019

Quarterly Dividend   .4219  Annual Dividend   1.6875

Beginning 6/30/2024 the coupon will float at the rate of 3 month Libor plus a fixed spread of 4.989%

Securities may be redeemed, at the issuers option, as early as 3/30/2024 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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