Dynex Capital prices public offering of Series D preferred stock
Dynex Capital, Inc. (NYSE: DX) priced a public offering of 4,800,000 shares of 9.375% Series D Fixed-Rate Cumulative Redeemable Preferred Stock at a $25.00 liquidation preference per share.
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09:25:49 PM UTC
SquawkNews
Dynex Capital priced 4.8M shares of 9.375% Series D fixed-rate cumulative redeemable preferred stock for expected gross proceeds of $120M, with a 30-day option for 720K more. Closing is expected Sept. 29, 2026, subject to conditions.Material DetailsContext by AI AnalystThis is a capital raise consi…