The net proceeds of the offering are intended to be used to purchase the Company's target assets, subject to its investment guidelines and, to the extent consistent with maintaining the Company's qualification as a REIT, and other general corporate purposes.The notes were offered and sold only to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Neither the notes nor any shares of the Company's common stock that may be issued upon exchange of the notes have been registered under the Securities Act or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state laws.
Invesco Mortgage Capital Inc. Announces Pricing Of Private Offering Of $350 Million Exchangeable Senior Notes Due 2018
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