{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-031921","form_type":"8-K","ticker":"PFSI","cik":"0001745916","company_name":"PennyMac Financial Services, Inc.","filed_at":"2024-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.372229+00:00","generated_at":"2026-06-05T01:42:57.135062+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"PennyMac Financial issues $425M secured term notes (2024-GT1) at SOFR+3.20%","bullets":["$425M aggregate principal of secured term notes issued via subsidiary trust; rated BBB by Kroll.","Notes bear interest at 30-day average SOFR plus 3.20% per annum, payable monthly.","Stated maturity March 25, 2029, with optional one-year extensions to 2030 or 2031.","Collateral: participation certificates in Ginnie Mae mortgage servicing rights and excess servicing spread.","Notes rank pari passu with existing secured term notes; proceeds support MSR financing."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-031921","json":"https://secwatch.observer/filing/0001104659-24-031921.json","markdown":"https://secwatch.observer/filing/0001104659-24-031921.md","text":"https://secwatch.observer/filing/0001104659-24-031921.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1745916/000110465924031921/0001104659-24-031921-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1745916/000110465924031921/tm248207d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T01:42:57.135062+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":"78d6e1fd47d29cbb47d75d88fa36e8240488d240","claim":"PennyMac Financial Services, Inc. entered into Series 2024-GT1 indenture supplement with qualified institutional buyers valued at $425 million (effective 2024-02-29).","evidence_excerpt":"On February 29, 2024, PennyMac Financial Services, Inc. (the “Company”), through its indirect subsidiary, PNMAC GMSR ISSUER TRUST (the “Issuer Trust”), issued an aggregate principal amount of $425 million in secured term notes (the “2024-GT1 Notes”) to qualified institutional buyers under Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1745916/000110465924031921/0001104659-24-031921-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"qualified institutional buyers"},{"label":"Value","value":"$425 million"},{"label":"Effective","value":"2024-02-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}