October 26, 2009 (FinancialWire) — FBR Capital Markets Corp. (NASDAQ: FBCM) announced that Arlington Asset Investment Corp. and one of its wholly-owned subsidiaries priced the previously announced secondary public offering of 12,830,450 shares of FBR Capital Markets common stock at $6.00 per share.

Proceeds to the selling stockholders, after the underwriting discount but before expenses, will be $73,133,565. The underwriters have a 30-day option to purchase up to an additional 1,924,567 shares of the FBR Capital Markets common stock to cover over-allotments, if any, from the selling stockholder that is Arlington Asset Investment Corp.’s wholly-owned subsidiary. FBR Capital Markets will not receive any of the net proceeds from the sale of shares.

FBR Capital Markets & Co., a wholly-owned subsidiary of FBR Capital Markets, and Barclays Capital Inc. are joint book-running managers for the offering, and Sandler O’Neill & Partners, L.P. is co-manager for the offering.

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