ANNALY CAPITAL MANAGEMENT, INC. 65,000,000 Shares of Common Stock ($0.01 Par Value) UNDERWRITING AGREEMENT October 5, 2017Underwriting Agreement • October 11th, 2017 • Annaly Capital Management Inc • Real estate investment trusts • New York
Annaly Capital Management, Inc., a Maryland corporation (the “Company”), proposes to issue and sell to the several underwriters named in Schedule A hereto (the “Underwriters”), for whom Credit Suisse Securities (USA) LLC is acting as representative (“Credit Suisse” or the “Representative”), an aggregate of 65,000,000 shares (the “Firm Securities”) of common stock, $0.01 par value (the “Common Stock”), of the Company. In addition, the Company proposes to grant to the Underwriters the option to purchase from the Company up to an additional 9,750,000 shares of Common Stock (the “Additional Securities”). The Firm Securities and the Additional Securities are hereinafter collectively sometimes referred to as the “Securities.” The Securities are described in the Prospectus which is referred to below. To the extent there is only one underwriter for the sale of the Securities, the term Underwriters shall mean Credit Suisse.
