Dynex Capital Enters Underwriting for 9.375% Series D Preferred; $116.2M Net Proceeds Expected

Dynex Capital entered into an Underwriting Agreement to issue 4,800,000 shares of 9.375% Series D Fixed-Rate Cumulative Redeemable Preferred Stock, with a 30-day option for 720,000 additional shares. Net proceeds are expected to be approximately $116.2 million before expenses, with closing anticipa…