Chimera Investment Series C 7.75% Fixed to Floating Rate Cumulative Redeemable Preferred Stock

Date Sold      9/13/2018

Shares Issued    10,000,000   Overallotment Shares   1,500,000

S&P Rating   NR   Moodys Rating   NR

Security Ticker Symbol     CIM-C      OTC Grey Market     CIMPP

Market Traded ON   NYSE

Dividend Payment Paid on the 30th of March, June, September and December beginning on 12/30/2018

Quarterly Dividend   .484   Annual Dividend   1.938

Securities may be redeemed, at the issuers option, as early as 9/30/2025 for a redemption price of $25/share plus accrued dividends.

Coupon is fixed at 7.75% until 9/30/2025 after which it floats at 4.743% plus 3 month Libor.

Dividend Payment Will NOT be a Qualified Distributions (REIT Preferred Share dividends are not Qualifying Dividends)

Maturity Date   None

Company Investor Relations Page for Chimera Investment Corporation

Click Here to find the offering Prospectus and/or Final Pricing Document