Hatteras Financial Corp. (NYSE: HTS) (the “Company”) today announced it commenced an underwritten public offering of shares of its Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”). The Company expects to grant the underwriters a 30-day option to purchase additional shares of Series A Preferred Stock solely to cover overallotments, if any. The Company will file an application to list the Series A Preferred Stock on the New York Stock Exchange under the symbol “HTSPrA.”
Wells Fargo Securities, LLC, Citigroup Global Markets Inc., UBS Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated will serve as the joint book-running managers for the offering. RBC Capital Markets, LLC, Stifel, Nicolaus & Company, Incorporated, Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Jefferies & Company, Inc., J.P. Morgan Securities LLC, BB&T Capital Markets, a division of Scott & Stringfellow, LLC, Keefe, Bruyette & Woods, Inc. and Sterne, Agee & Leach, Inc. will serve as co-managers for the offering.
This offering is being made pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission and only by means of a preliminary prospectus supplement and accompanying prospectus.
Copies of the preliminary prospectus supplement and accompanying prospectus may be obtained from (a) Wells Fargo Securities, LLC, Attn: Capital Markets Client Support, 1525 West W.T. Harris Blvd., NC0675, Charlotte, North Carolina 28262, by e-mail at firstname.lastname@example.org, or by telephone at (800) 326-5897; (b) Citigroup Global Markets Inc., Attention: Prospectus Department, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, New York 11220, by e-mail at BATProspectusdept@citi.com, or by telephone at (877) 858-5407; (c) UBS Securities LLC, Attention: Prospectus Department, 299 Park Avenue, New York, New York 10171, or by telephone at (877) 827-6444, extension 561 3884; (d) Merrill Lynch, Pierce, Fenner & Smith Incorporated, Attention: Prospectus Department, 222 Broadway, 7th Floor, New York, NY 10038, or e-mail email@example.com; or (e) the Internet site of the Securities and Exchange Commission at www.sec.gov.This press release does not constitute an offer to sell or the solicitation of an offer to buy the offered shares or any other securities, nor will there be any sale of such shares or any other securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or other jurisdiction.