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Capital Offerings Profile

Company NameARMOUR Residential REIT, Inc.
Offering TypeFollow-On
DescriptionClass A common stock, $0.001 par value
ISINUS0423155078
Currency of IssueUSD
Trading Symbol (Exchange)ARR (NYSE)
 
Announcement Date7/9/2012
Trade Date7/10/2012
Settlement Date7/13/2012
Completion Date7/10/2012
Overallotment Expiration8/12/2012
Lock-up Expiration8/9/2012
Date Overallotment Exercised7/10/2012
Shelf Filing Date7/9/2012
 
144a?No
Mandatory Redemption?No
Convertible?No
Exchange for Existing Issue?No

Use of Proceeds
The company plans to use the net proceeds from this offering to acquire additional target assets in accordance with the company's objectives and strategies. Until appropriate assets can be identified, the company may invest the net proceeds from this offering in interest-bearing short-term investments, including funds that are consistent with the company's qualification as a REIT. The company may also use a portion of the net proceeds for general corporate purposes. Prior to the time the company has fully used the net proceeds of this offering, the company may fund its quarterly cash distributions out of such net proceeds.

Pricing
Offer Price ($)7.06
Gross Amount Offered ($000)282,400
Amount Including Overallotment ($000)324,760
Shares Offered40,000,000
Total Shares Offered46,000,000

Overallotments
Overallotment Amount Available ($000)42,360
Overallotment Shares Available6,000,000
Overallotment Amount Exercised ($000)42,360
Overallotment Shares Exercised6,000,000

UnderwritersShares UnderwrittenAmount Underwritten($000)
Book Manager(s)
  Citigroup Global Markets Inc.9,800,00069,188
  Deutsche Bank Securities Inc.9,800,00069,188
  Merrill Lynch, Pierce, Fenner & Smith Incorporated9,800,00069,188
  Barclays Capital Inc.4,000,00028,240
  Credit Suisse Securities (USA) LLC4,000,00028,240
Co-Manager(s)
  JMP Securities LLC1,900,00013,414
  Ladenburg Thalmann & Co. Inc.700,0004,942

Professionals
Issuer's CounselAkerman LLP
Underwriter's CounselSkadden, Arps, Slate, Meagher & Flom LLP & Affiliates
Auditor(s)EisnerAmper LLP

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