{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-005585","form_type":"8-K","ticker":"RWT","cik":"0000930236","company_name":"REDWOOD TRUST INC","filed_at":"2024-01-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.333515+00:00","generated_at":"2026-06-06T20:55:30.935065+00:00","sec_items":["2.03","1.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Redwood Trust completes $60M offering of 9.125% senior notes due 2029","bullets":["Net proceeds ~$57.5M; for general corporate purposes including debt repurchase and business funding.","Notes bear 9.125% interest payable quarterly; mature March 1, 2029.","Senior unsecured; effectively subordinated to secured debt and structurally subordinated to subsidiary creditors.","Redeemable at par plus accrued interest on/after March 1, 2026; change-of-control trigger at 101% of principal."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-005585","json":"https://secwatch.observer/filing/0001104659-24-005585.json","markdown":"https://secwatch.observer/filing/0001104659-24-005585.md","text":"https://secwatch.observer/filing/0001104659-24-005585.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/930236/000110465924005585/0001104659-24-005585-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/930236/000110465924005585/tm243330d5_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T20:55:30.935065+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ee9b7bc0145b23c628912371ccde05ed46c29ae7","claim":"REDWOOD TRUST INC incurred senior notes of $60.0 million aggregate principal amount with Wells Fargo Securities, LLC, Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, Keefe, Bruyette & Woods, Inc. at 9.125% per year maturing March 1, 2029.","evidence_excerpt":"On January 22, 2024, Redwood Trust, Inc. (the “Company”) completed its registered underwritten public offering of $60.0 million aggregate principal amount of the Company’s 9.125% Senior Notes due 2029 (the “Notes”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/930236/000110465924005585/0001104659-24-005585-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$60.0 million aggregate principal amount"},{"label":"Counterparty","value":"Wells Fargo Securities, LLC, Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, Keefe, Bruyette & Woods, Inc."},{"label":"Rate","value":"9.125% per year"},{"label":"Maturity","value":"March 1, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"0a72f61e8c3373fbc9e252e78ccc4a99c6a2d2ac","claim":"REDWOOD TRUST INC entered into Underwriting Agreement with Wells Fargo Securities, LLC, Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, Keefe, Bruyette & Woods, Inc. valued at $60.0 million (effective 2024-01-22).","evidence_excerpt":"On January 22, 2024, Redwood Trust, Inc. (the “Company”) completed its registered underwritten public offering of $60.0 million aggregate principal amount of the Company’s 9.125% Senior Notes due 2029 (the “Notes”) pursuant to an underwriting agreement (the “Underwriting Agreement”) with Wells Fargo Securities, LLC (“Wells Fargo”), Goldman Sachs & Co. LLC (“Goldman”), Morgan Stanley & Co. LLC (“Morgan Stanley”), RBC Capital Markets, LLC (“RBC”) and Keefe, Bruyette & Woods, Inc. (“KBW”), as representatives of the several underwriters named therein (the “Offering”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/930236/000110465924005585/0001104659-24-005585-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Wells Fargo Securities, LLC, Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, Keefe, Bruyette & Woods, Inc."},{"label":"Value","value":"$60.0 million"},{"label":"Effective","value":"2024-01-22"}],"fact_type":"material_agreement"},{"claim_id":"1f36a354ed5265897d7491cd18d3d89ef8081917","claim":"REDWOOD TRUST INC entered into Supplemental Indenture with Wilmington Trust, National Association (effective 2024-01-22).","evidence_excerpt":"the fourth supplemental indenture dated as of January 22, 2024, between the Company and the Trustee (the “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/930236/000110465924005585/0001104659-24-005585-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Effective","value":"2024-01-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}