ARLINGTON, Va., June 9 /PRNewswire-FirstCall/ -- FBR Capital Markets Corporation (FBR Capital Markets), a leading investment bank serving the middle market, announced today the commencement of a public offering of 20,000,000 shares of its common stock, par value $0.001 per share. The underwriters will be granted a 30-day option to purchase up to an additional 3,000,000 shares of FBR Capital Markets common stock to cover over-allotments, if any, from a selling stockholder that is a wholly-owned subsidiary of Arlington Asset Investment Corp. If the underwriters' over-allotment option is exercised, FBR Capital Markets will not receive any of the net proceeds from the sale of shares by the selling stockholder pursuant to any exercise of the underwriters' over-allotment option.
FBR Capital Markets & Co., a wholly-owned subsidiary of FBR Capital Markets, is the book-running manager for the offering. Barclays Capital Inc. is the co-lead manager, and UBS Investment Bank and Sandler O'Neill & Partners, L.P. are co-managers for the offering.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities. A registration statement relating to these securities has been filed and is effective. A written prospectus for the offering meeting the requirements of Section 10 of the Securities Act of 1933 (other than a free writing prospectus as defined in Securities Act Rule 405) may be obtained from FBR Capital Markets & Co., 1001 Nineteenth Street North, Arlington, VA 22209, Attention: Todd Davis, or by calling FBR Capital Markets & Co., at (703) 469-1023.
FBR Capital Markets Corporation
CONTACT: Media, +1-703-469-1004, media@fbr.com, or Investors, Bradley J.
Wright, +1-703-469-1080, fbcmir@fbr.com
Web Site: http://www.fbrcapitalmarkets.com/
