Tuesday, July 28, 2009
MFA Financial Announces Share Offering
MFA Financial, Inc. (NYSE: MFA - News) announced today it plans to make a public offering of 30,000,000 shares of its common stock. MFA intends to grant the underwriters a 30-day option to purchase up to an additional 4,500,000 shares of common stock to cover over-allotments. All of the shares will be offered by MFA. Morgan Stanley and Deutsche Bank Securities are acting as joint book-running managers for the offering, with Credit Suisse, JMP Securities, UBS Investment Bank, Cantor Fitzgerald & Co. and Keefe, Bruyette & Woods acting as co-managers.
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