secwatch.observer — SEC 8-K summary
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Issuer:     PennyMac Financial Services, Inc. (PFSI)
CIK:        0001745916
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0001104659-25-010114
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PennyMac closes $850M 6.875% Senior Notes due 2033 offering
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- $850M aggregate principal of 6.875% Senior Notes due 2033 closed on Feb 6, 2025.
- Interest payable semi-annually starting Aug 15, 2025; mature Feb 15, 2033.
- Proceeds to repay secured MSR facility borrowings and repurchase/repay portion of 5.375% senior notes due Oct 2025.
- Notes are senior unsecured, guaranteed by domestic subsidiaries; redeemable at make-whole premium before Feb 2028.
- Issuer may redeem up to 40% of notes with equity offering proceeds at 106.875% before Feb 2028.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1745916/000110465925010114/0001104659-25-010114-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1745916/000110465925010114/tm255695d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-010114

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