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Dynex Capital unit ups borrowing capacity under repurchase agreement

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Dynex Capital unit ups borrowing capacity under repurchase agreement

Dynex CapitalInc. unit Issued Holdings Capital Corp. amended a master repurchaseand securities contract with Wells Fargo Bank NA, increasing the aggregatemaximum borrowing capacity to $350 million.

The amendment also includes extension of the maturity dateof the repurchase agreement to Aug. 6, 2018, and a modification to the pricingformula for borrowings to establish a floor for LIBOR-based calculations.Issued Holdings Capital will reimburse Wells Fargo for certain increasedexpenses related to certain legal or regulatory changes, Dynex Capital said ina Form 8-K.

Dynex Capital is a guarantor in connection with therepurchase agreement.