Arlington Asset intends to price public offering of 2 million shares

Bookrunner Barclays assists; deal also has greenshoe of 300,000 shares

By Devika Patel

Knoxville, Tenn., Sept. 20 - Arlington Asset Investment Corp. said it will price a public offering of 2 million class A common shares. The deal will have a 30-day greenshoe of 300,000 additional shares.

Barclays Capital Inc. is the bookrunning manager; Ladenburg Thalmann & Co. Inc. is the lead manager, and Compass Point Research & Trading, LLC is the co-manager.

Proceeds will be used to acquire target assets and for general working capital purposes.

The Arlington, Va., holding company acquires mortgage-related assets through its subsidiaries.

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