Annaly Mortgage Management files $750 million shelf

By Ted A. Knutson

Washington, Dec. 1 - Annaly Mortgage Management, Inc. filed for a $750 million common stock and preferred stock shelf Wednesday in an S-3 registration with the Securities and Exchange Commission.

The shelf includes the potential for convertibles.

Annaly, a New York-based real estate investment trust, said it will use proceeds from offerings authorized by the shelf to buy mortgage-backed securities.

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