NEW YORK, NY -- (Marketwire) -- 03/07/13 -- Apollo Residential Mortgage, Inc. (the "Company" or "AMTG") (NYSE: AMTG) today announced the Company is commencing an underwritten public offering of 6,800,000 shares of common stock. The Company expects to grant the underwriter a 30-day option to purchase up to 1,020,000 additional shares of common stock.
AMTG intends to use the net proceeds from the offering to acquire Agency residential mortgage-backed securities ("RMBS"), non-Agency RMBS and other residential mortgage assets.
Morgan Stanley & Co. LLC is acting as sole book runner of the public offering.
A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission. A copy of the prospectus supplement and prospectus related to the offering can be obtained from: Morgan Stanley Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, by calling Morgan Stanley at (866) 718-1649 or by emailing: firstname.lastname@example.org.
This press release shall not constitute an offer to sell, or a solicitation of an offer to buy, nor shall there be any sale of the Company's securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
About Apollo Residential Mortgage, Inc.
Apollo Residential Mortgage, Inc. (NYSE: AMTG) is a real estate investment trust that invests in and manages residential mortgage-backed securities and other residential mortgage assets throughout the United States. The Company is externally managed and advised by ARM Manager, LLC, a Delaware limited liability company and an indirect subsidiary of Apollo Global Management, LLC (NYSE: APO), a leading global alternative investment manager with approximately $113 billion of assets under management at December 31, 2012.
The Company maintains a website at www.apolloresidentialmortgage.com.
Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond the Company's control. These forward-looking statements include information about possible or assumed future results of the Company's business, financial condition, liquidity, results of operations, plans and objectives, including information about the ability of the Company to generate attractive returns while attempting to mitigate risk. When used in this release, the words "believe," "expect," "anticipate," "estimate," "plan," "continue," "intend," "should," "may" or similar expressions, are intended to identify forward-looking statements. Statements regarding the following subjects, among others, may be forward-looking: the return on equity; the yield on investments; the ability to borrow to finance assets; and risks associated with investing in real estate assets, including changes in business conditions and the general economy. For a further list and description of such risks and uncertainties, see the reports filed by the Company with the Securities and Exchange Commission. The forward-looking statements, and other risks, uncertainties and factors are based on the Company's beliefs, assumptions and expectations of its future performance, taking into account all information currently available to the Company. Forward-looking statements are not predictions of future events. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.