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     117  0 Kommentare Chimera Investment Corporation Announces Pricing of Public Offering of Senior Notes

    Chimera Investment Corporation (NYSE: CIM) (the “Company”) announced today the pricing of an underwritten public offering of $65 million aggregate principal amount of its 9.00% senior notes due 2029 (the “Notes”). The Company has granted the underwriters a 30-day option to purchase up to an additional $9.75 million aggregate principal amount of the Notes to cover over-allotments. The offering is expected to close on May 22, 2024, subject to the satisfaction of customary closing conditions.

    The Company intends to apply to list the Notes on the New York Stock Exchange under the symbol “CIMN” and, if the application is approved, expects trading in the Notes on the New York Stock Exchange to begin within 30 days after the Notes are first issued.

    The Company intends to use the net proceeds of the Notes to finance the acquisition of mortgage assets including residential mortgage loans, non-Agency RMBS, Agency RMBS, Agency CMBS and other targeted assets, and for other general corporate purposes such as repayment of outstanding indebtedness or to pay down other liabilities, working capital and for liquidity needs.

    The Notes will be senior unsecured obligations of the Company, and pay interest quarterly in cash on February 15, May 15, August 15 and November 15 of each year, commencing August 15, 2024. The Notes will mature on May 15, 2029, and may be redeemed, in whole or in part, at any time, or from time to time, at the Company’s option on or after May 15, 2026.

    Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, UBS Securities LLC, Wells Fargo Securities, LLC, Keefe, Bruyette & Woods, Inc., and Piper Sandler & Co. will serve as joint book-running managers for the offering.

    The Notes will be offered under the Company’s existing shelf registration statement filed with the Securities and Exchange Commission. The offering of these Notes will be made only by means of a prospectus and a related prospectus supplement, a copy of which may be obtained by contacting:

    Morgan Stanley & Co. LLC
    180 Varick St., 2nd Floor, New York, New York 10014
    Attn: Prospectus Department
    Toll-Free: 1-800-584-6837

    Lesen Sie auch

    RBC Capital Markets, LLC
    Brookfield Place, 200 Vesey Street, 8th Floor, New York, NY 10281
    Attn: Transaction Management
    Email: rbcnyfixedincomeprospectus@rbccm.com
    Toll-Free: 1-866-375-6829

    UBS Securities LLC
    1285 Avenue of the Americas, New York, New York 10019
    Attn: Prospectus Department
    Toll-Free: 1-888-827-7275

    Wells Fargo Securities, LLC

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    Chimera Investment Corporation Announces Pricing of Public Offering of Senior Notes Chimera Investment Corporation (NYSE: CIM) (the “Company”) announced today the pricing of an underwritten public offering of $65 million aggregate principal amount of its 9.00% senior notes due 2029 (the “Notes”). The Company has granted the …