Annaly Capital Management 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
By: Tim McPartland,
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
Company Investor Relations Page for Annaly Capital Management
Click here to find the offering Prospectus and/or Final Pricing Document
