ARLINGTON ASSET INVESTMENT CORP. $25,000,000 6.625% Fixed Rate Senior Unsecured Notes due 2023 UNDERWRITING AGREEMENT April 23, 2013Underwriting Agreement • April 29th, 2013 • Arlington Asset Investment Corp. • Investors, nec • New York
Arlington Asset Investment Corp., a Virginia corporation (the “Company”), proposes, subject to the conditions hereinafter stated, to issue and sell to the public through the several Underwriters named in Schedule I attached hereto (the “Underwriters”), on a best efforts basis, an aggregate principal amount of $25,000,000 (the “Securities”) of the Company’s 6.625% Senior Notes due 2023 (the “Notes”). The Company understands that the Underwriters propose to make, on a best efforts basis, a public offering (the “Offering”) of the Securities as soon as the Underwriters deem advisable after this underwriting agreement (this “Agreement”) has been executed and delivered. The Notes are to be issued pursuant to the provisions of an Indenture to be dated as of May 1, 2013 (the “Base Indenture”) between the Company and Wells Fargo Bank, National Association (the “Trustee”), as supplemented by a First Supplemental Indenture to be dated as of May 1, 2013 (the “Supplemental Indenture”, and together
