AGNC Investment Corp. (Nasdaq: AGNC) announced today that it has closed on its previously announced public offering of an aggregate of 43,700,000 shares of common stock, including 5,700,000 shares of common stock sold pursuant to the underwriters' exercise in full of their option to purchase additional shares. Total gross proceeds from the offering were approximately $825.9 million before underwriting discounts and commissions and estimated expenses.

AGNC expects to use the net proceeds from the offering to finance the acquisition of agency securities, non-agency securities (including credit risk transfer securities), other mortgage-related assets and hedging instruments and for other general corporate purposes.

Citigroup, BofA Merrill Lynch, Credit Suisse, J.P. Morgan, Morgan Stanley and UBS Investment Bank acted as joint book-running managers for the offering. JMP Securities and Keefe, Bruyette & Woods, A Stifel Company, acted as co-managers for the offering.

ABOUT AGNC INVESTMENT CORP.

AGNC Investment Corp. is an internally-managed real estate investment trust that invests primarily in residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. Government-sponsored enterprise or a U.S. Government agency.