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Chimera Investment Corp 8.00% Series B Fixed-to-Floating Rate Cumulative, Redeemable Preferred Stock

The coupon is 8% until 3/30/2024 at which time the coupon becomes floating rate at the rate of 3 month libor plus a spread of 5.791%

Ticker: CIM-B

Parent Ticker: CIM

OTC Grey Market Temporary Ticker: CIMEP

Issuance Date: 02/22/2017

1st Call Date: 03/30/2024

Maturity Date: None

Shares Issued: 12,000,000

Overallotment Shares: 1,800,000

Coupon: 8.00%

Face Value: $25.00

Cumulative: Yes

Qualified: No

Quarterly Dividend Amount: 0.50

Payment Months: MAR, JUN, SEP, DEC

Payment Day: 30

S&P Rating: NR

III Rating (In Regards to Dividend Safety Only): C

Moody Rating: NR

Fitch Rating: NR