debt
confidence high
sentiment neutral
materiality 0.65
Two Harbors issues $100M 9.375% Senior Notes due 2030; underwriters can add $15M
TWO HARBORS INVESTMENT CORP.
- $100M aggregate principal of 9.375% Senior Notes due 2030; 30-day over-allotment option for additional $15M.
- Underwriters include Morgan Stanley, Goldman Sachs, Piper Sandler, RBC Capital Markets, UBS, Wells Fargo.
- Closing expected May 13, 2025; net proceeds for general corporate purposes including debt refinancing and asset purchases.
- Entered Third Supplemental Indenture with BNY Mellon and U.S. Bank to appoint trustee for future debt series.