NYMT closes $82.5M 9.125% Senior Notes due 2030; net proceeds ~$79.3M

ADAMAS TRUST, INC.

Issued $82.5M aggregate principal of 9.125% Senior Notes due April 1, 2030, including $7.5M over-allotment.
Notes priced at par, interest payable quarterly; redeemable at par on/after April 1, 2027.
Net proceeds after underwriting discounts and expenses are ~$79.3M.
Proceeds to be used for general corporate purposes, including acquiring single-family and multi-family assets.
Underwriters: Morgan Stanley, Piper Sandler, RBC Capital Markets, UBS, and Wells Fargo.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.