AGNC Investment Corp. Implements $2 Billion At-The-Market Common Stock Offering Program

AGNC Investment Corp. has implemented a new "at the market" common stock issuance program by entering into sales agreements with 14 investment banks, including Goldman Sachs, Barclays, J.P. Morgan, and Morgan Stanley. The program allows the company to offer and sell up to $2 billion worth of common stock shares from time to time through these agents. Sales can be made through various methods including ordinary brokers' transactions, market makers, Nasdaq Global Select Market, over-the-counter markets, and privately negotiated transactions. The agents will receive compensation of up to 1.0% of the gross sales price for shares sold. The offering is made pursuant to the company's existing shelf registration statement filed with the SEC. The program will terminate upon the earlier of selling all shares or termination of the sales agreements by either party.