Dynex Capital to conduct a public offering of 8 million common shares

Deal will fund additional investments and general corporate purposes

By Devika Patel

Knoxville, Tenn., Dec. 27 - Dynex Capital, Inc. plans to price a public sale of stock, according to a prospectus supplement filed Friday with the Securities and Exchange Commission.

The company will sell up to 8 million common shares on a commercially reasonable efforts basis.

JMP Securities LLC is the agent.

Proceeds will be used to acquire additional investments and for general corporate purposes.

Based in Glen Allen, Va., Dynex is a real estate investment trust.

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