REIT Issues $114 Mln IPO

09 Jun 2011

ARMOUR Residential REIT, an agency residential mortgage-backed securities investor, has issued an initial public offering of 16 million shares worth approximately $114 million at an average price of $7.40.

ARMOUR Residential REIT, an agency residential mortgage-backed securities investor, has issued an initial public offering of 16 million shares worth approximately $114 million at an average price of $7.40.

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