Hunton Andrews Kurth LLP is advising Annaly Capital Management, Inc. (Annaly) in the sale of its middle market lending portfolio to Ares Capital Management LLC. The $2.4 billion transaction is expected to close by the end of the second quarter of 2022 and represents substantially all of Annaly’s middle market lending assets.

Hunton Andrews Kurth Advises Annaly Capital Management, Inc. in $2.4B Sale of its Middle Market Lending Portfolio to Ares Capital Management LLC.
Related People
- Advised on $200 Million At-The-Market Public Offering by Franklin BSP Realty Trust
We represented the sales agents in connection with the extension of Franklin BSP Realty Trust’s $200 million common stock at-the-market offering program.
- Advised AG Mortgage Investment Trust on $75 Million At-The-Market Public Offering
Hunton Andrews Kurth represented AG Mortgage Investment Trust in connection with the establishment of its at-the-market offering program.
- Representing Chimera in its Acquisition of Palisades Group
The firm is representing Chimera in its acquisition of Palisades for cash consideration of $30 million at closing, plus a potential earnout of up to $20 million more over five years contingent on achieving financial targets.