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Chimera Investment Corporation 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

Coupon is fixed at 8.00% until 3/30/2024 after which it floats at a rate of 3 month Libor plus a spread of 5.379%.

Ticker: CIM-D

Parent Ticker: CIM

OTC Grey Market Temporary Ticker: CMIMP

Issuance Date: 01/15/2019

1st Call Date: 03/30/2024

Maturity Date: None

Shares Issued: 7,400,000

Overallotment Shares: 1,110,000

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