mREIT Invesco Mortgage Capital (NYSE:IVR) is selling 14 million shares of common stock.
IVR has 3 perpetual preferreds with coupons of 7.50%, 7.75% and 7.75% respectively which are trading in the $24 to 25.50 area.
We mention this item for those who may hold the preferreds and may have missed the company press release.