Company: NLY-PF
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001043219-25-000012
Chunk: 279

Company: ANNALY CAPITAL MANAGEMENT INC
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 8
Chunk 279
---
 months ended September 30, 2025, under the at-the-market sales program, the Company issued 39.0 million and 102.0 million shares for proceeds of $823.3 million and $2.1 billion, respectively, each net of commissions and fees.  During the three and nine months ended September 30, 2024, under the at-the-market sales program, the Company issued 57.0 million and 57.6 million shares for proceeds of $1.1 billion and $1.2 billion, respectively, each net of commissions and fees.(B)    Preferred StockThe following is a summary of the Company’s cumulative redeemable preferred stock outstanding at September 30, 2025 and December 31, 2024. In the event of a liquidation or dissolution of the Company, the Company’s then outstanding preferred stock takes precedence over the Company’s common stock with respect to payment of dividends and the distribution of assets.

26

ANNALY CAPITAL MANAGEMENT, INC. AND SUBSIDIARIESItem 1.  Financial Statements

Shares AuthorizedShares Issued And OutstandingCarrying ValueContractual RateEarliest Redemption Date (1)Effective Date of Floating Rate Dividend PeriodFloating Annual Rate (2)September 30, 2025December 31, 2024September 30, 2025December 31, 2024September 30, 2025December 31, 2024Fixed-rate(dollars in thousands)Series J11,500,000 — 11,000,000 — 265,911 — 8.875%9/30/2030NANAFixed-to-floating rateSeries F28,800,000 28,800,000 28,800,000 28,800,000 696,910 696,910 6.95%9/30/20229/30/20223M Term SOFR + 4.993%Series G17,000,000 17,000,000 17,000,000 17,000,000 411,335 411,335 6.50%3/31/20233/31/20233M Term SOFR + 4.172%Series I17,700,000 17,700,000 17,700,000 17,700,000 428,324 428,324 6.