Two Harbors closes $115M offering of 9.375% Senior Notes due 2030; net proceeds ~$110.8M

TWO HARBORS INVESTMENT CORP.

Issued $115M aggregate principal of 9.375% Senior Notes due 2030; includes $15M over-allotment exercised.
Net proceeds expected ~$110.8M after underwriting discounts and expenses.
Interest payable quarterly starting Aug 15, 2025; notes mature Aug 15, 2030, redeemable after May 15, 2027.
Proceeds for general corporate purposes, including refinancing of 6.25% due 2026 debt and target asset purchases.
Notes are senior unsecured obligations ranking equal to existing unsecured debt.

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.