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Invesco Mortgage Capital inks distribution pact for common stock sale

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Invesco Mortgage Capital inks distribution pact for common stock sale

Invesco Mortgage Capital Inc., IAS Operating Partnership LP and Invesco Advisers Inc. have entered into an equity distribution agreement with JMP Securities LLC for the sale of up to 17 million common shares from time to time.

JMP Securities will be entitled to compensation of up to 2.00% of the gross proceeds. Invesco Mortgage has no obligation to sell any of the shares under the pact and may at any time suspend solicitations and offers under it.