Anworth Mortgage Asset Corp., a real estate investment trust based in Santa Monica, Calif., has priced a follow-on public offering of 3.5 million shares of common stock at $14.30 per share.Friedman, Billings, Ramsey & Co., the Arlington, Va.-based lead manager for the offering, said the underwriters have an option to buy up to 525,000 additional shares to cover any overallotments. FBR said the net proceeds to Anworth, a mortgage REIT, will be approximately $47.3 million, assuming no exercise of the overallotment option. The companies can be found on the Web at http://www.anworth.com and http://www.fbr.com.
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