secwatch.observer — SEC 8-K summary
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Issuer:     PennyMac Financial Services, Inc. (PFSI)
CIK:        0001745916
Form:       8-K
Filed at:   2024-05-23T23:59:59+00:00
Accession:  0001104659-24-064686
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PennyMac closes $650M offering of 7.125% Senior Notes due 2030
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- Issued $650M aggregate principal of 7.125% Senior Notes due Nov 15, 2030.
- Interest payable semi-annually on May 15 and Nov 15, starting Nov 15, 2024.
- Proceeds to repay borrowings under secured MSR facilities and other secured indebtedness, and for general corporate purposes.
- Notes are senior unsecured obligations, fully and unconditionally guaranteed by certain domestic subsidiaries.
- Redeemable at option of Issuer; prior to Nov 15, 2026 with make-whole premium, thereafter at specified prices; change of control put at 101%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1745916/000110465924064686/0001104659-24-064686-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1745916/000110465924064686/tm2415344d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-064686

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