MFA Financial, Inc. Announces Public Offering of 60M Shares

MFA Financial, Inc. MFA today announced that it intends to make a public offering of 60,000,000 shares of its common stock. MFA intends to grant the underwriters a thirty-day option to purchase up to an additional 9,000,000 shares of common stock.

The underwriters may offer the common stock from time to time in one or more transactions in the over-the-counter market or through negotiated transactions at market prices or at negotiated prices. MFA expects to use the net proceeds of the offering to acquire additional mortgage-backed securities, consistent with its investment policy, and for working capital, which may include, among other things, the repayment of its repurchase agreements.