Annaly Capital Management 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

By: ,

Date Issued   7/24/2017

Shares Issued   28,000,000  Overallotment Shares  4,200,000

S&P Rating   NR   Moodys Rating   NR


Security Ticker Symbol   NLY-F  OTC Temp Ticker – ANNPP

Market Traded On   NYSE

Dividend Payment Paid on the last day March, June, September and December beginning on 12/31/2017

Quarterly Dividend   .434   Annual Dividend   1.738

Beginning 9/30/2022 the coupon will float at the rate of 3 month Libor plus a fixed base of 4.993%


Securities may be redeemed, at the issuers option, as early as 9/30/2022 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

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