UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): June 12, 2008
CHIMERA INVESTMENT CORPORATION
(Exact name of registrant as specified in its charter)
Maryland 001-33796 26-0630461
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
1211 Avenue of the Americas
Suite 2902
New York, New York 10036
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 696-0100
No Change
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(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
Item 1.01. Entry into a Material Definitive Agreement.
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On June 12, 2008, Chimera Investment Corporation (the "Company"),
entered into Amendment No. 1 (the "Amendment") to the Master Repurchase
Agreement, dated January 18, 2008 (the "Master Repurchase Agreement") between
Credit Suisse First Boston Mortgage Capital LLC ("Buyer") and the Company. Buyer
was one of the underwriters of the Company's November 2007 initial public
offering.
The Amendment, among other things, eases a financial covenant under the
facility for the period commencing January 1, 2008 and ending March 31, 2008.
The Company has no borrowings outstanding under this facility. The Master
Repurchase Agreement was filed with the Securities and Exchange Commission on
January 24, 2008. The Amendment is filed as Exhibit 10.1 to this Current Report
and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
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(a) Not applicable.
(b) Not applicable.
(c) Not applicable.
(d) Exhibits:
10.1 Amendment No. 1 to Master Repurchase Agreement by and
among Chimera Investment Corporation, as seller, and
Credit Suisse First Boston Mortgage Capital LLC, as
buyer, dated as of June 12, 2008.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Chimera Investment Corporation
By: /s/ A. Alexandra Denahan
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Name: A. Alexandra Denahan
Title: Chief Financial Officer
Date: June 13, 2008