Armour Residential REIT (ARR) announced that it is commencing an underwritten public offering of 18.5M shares of common stock. The company intends to use the net proceeds of the offering to acquire additional mortgage-backed securities and other mortgage-related assets in accordance with its objectives and strategies. Goldman Sachs & Co. is acting as sole bookrunner for the offering and Buckler Securities is acting as co-manager for the offering.
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