Arlington Asset Investment Corp.’s $50 Million Common Stock Offering


Vinson & Elkins advised the Joint Book Running Managers on the transaction

Arlington Asset Investment Corp. executed its public offering of 6,000,000 shares of Class A common stock resulting in expected gross proceeds of approximately $50.0 million.

The offering closed on February 22, 2019.

Morgan Stanley and JMP Securities acted as Joint Book Running Managers on the offering.

Arlington Asset Investment Corp. operates as an investment company. The Firm, led by Eric Francis Billings, James Rock Tonkel Jr and Richard E Konzmann, in 2017 recorded $7 Million Revenues.

Vinson & Elkins advised the Joint Book Running Managers with a team led by partner Greg Cope (Picture) and associates Dylan Coons and Erin Walsh. Partner Chris Mangin, senior associate Paige Anderson and associate Virginia Blanton provided tax advice.

Involved fees earner: Paige Anderson – Vinson & Elkins LLP; Virginia Blanton – Vinson & Elkins LLP; Dylan Coons – Vinson & Elkins LLP; Gregory Cope – Vinson & Elkins LLP; Christopher Mangin Jr. – Vinson & Elkins LLP; Erin Walsh – Vinson & Elkins LLP;

Law Firms: Vinson & Elkins LLP;

Clients: JMP Securities LLC; Morgan Stanley;

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Author: Ambrogio Visconti