Chimera Investment Corp 8% Series B Fixed to Floating Rate Cumulative Redeemable Preferred Stock

Date Sold      2/22/2017

Shares Issued    12,000,000   Overallotment Shares   1,800,000

S&P Rating   NR   Moodys Rating   NR

Security Ticker Symbol     CIM-B      OTC Grey Market     CIMEP

Market Traded ON   NYSE

Dividend Payment Paid on the 30th of March, June, September and December beginning on 6/30/2017

Quarterly Dividend   .50   Annual Dividend   2.00

Securities may be redeemed, at the issuers option, as early as 3/30/2024 for a redemption price of $25/share plus accrued dividends.

Coupon is fixed at 8% until 3/29/2024 after which it floats at 5.791% 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