Arlington Asset to redeem some or all 6.625% notes due 2023

By Wendy Van Sickle

Columbus, Ohio, July 6 – Arlington Asset Investment Corp. plans to redeem all or a portion of its 6.625% senior notes due 2023 with proceeds of an offering of five-year senior notes, according to a news release.

Any additional proceeds will be used for general capital purposes.

Ladenburg Thalmann & Co. Inc. is acting as bookrunning manager for the offering.

Arlington Asset is an Arlington, Va.-based real estate investment trust.

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