secwatch.observer — SEC 8-K summary
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Issuer:     REDWOOD TRUST INC (RWT)
CIK:        0000930236
Form:       8-K
Filed at:   2025-01-17T23:59:59+00:00
Accession:  0001104659-25-004470
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Redwood Trust completes $90M public offering of 9.125% Senior Notes due 2030
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- Issued $90M in 9.125% senior notes maturing March 1, 2030; interest payable quarterly starting March 2025.
- Net proceeds of approx. $86.52M ($99.59M if overallotment fully exercised); 30-day over-allotment option for $13.5M.
- Proceeds for general corporate purposes: funding residential/business purpose lending, acquiring MBS, or repaying existing debt (2025 exchangeable or 2027 convertible notes).
- Notes are senior unsecured, effectively subordinated to secured debt and structurally subordinated to subsidiary creditors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/930236/000110465925004470/0001104659-25-004470-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/930236/000110465925004470/tm253198d6_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-004470

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