Hunton Andrews Kurth Advises Annaly Capital Management, Inc. in $645 Million Public Offering

Hunton Andrews Kurth LLP has advised Annaly Capital Management, Inc. (NYSE: NLY) in its $645 million public offering of 100,000,000 shares of common stock.

Annaly is a leading diversified capital manager with investment strategies across mortgage finance. Annaly’s principal business objective is to generate net income for distribution to its stockholders and to optimize its returns through prudent management of its diversified investment strategies. Annaly is internally managed and has elected to be taxed as a real estate investment trust, or REIT, for federal income tax purposes. Hunton Andrews Kurth is proud to have represented Annaly in 10 capital markets transactions worth nearly $9 billion in the past five years.

The Hunton Andrews Kurth team was led by Rob Smith and included Kate Saltz, Kendal Sibley, Amy Williams, Mayme Donohue, Enyonam Enninful and Joshua Venne.