Financing ·
On August 19, 2026, Annaly Capital Management announced the redemption of all 17,700,000 outstanding shares of its…
NLY-PJAnnaly Capital Management Inc
On August 19, 2026, Annaly Capital Management announced the redemption of all 17,700,000 outstanding shares of its 6.750% Series I Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock at a price of $25.00 per share. The total redemption value is approximately $442.5 million. Payment will occur on October 1, 2026, with dividends ceasing to accumulate on that date. Accrued dividends through September 30, 2026, have been declared and paid, so no additional accrued amounts are owed at redemption. Annaly Capital Management operates in the mortgage finance industry as a diversified capital manager and real estate investment trust.