TWO HARBORS INVESTMENT CORP. (TWO): debt financing — 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.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

TWO HARBORS INVESTMENT CORP. incurred senior notes of $115.0 million aggregate principal amount at 9.375% per year maturing mature on August 15, 2030.

Instrument: senior notes
Principal: $115.0 million aggregate principal amount
Rate: 9.375% per year
Maturity: mature on August 15, 2030
Event: incurrence

Exact text from the filing

On May 13, 2025, Two Harbors Investment Corp., a Maryland corporation (the “Company”), completed the issuance and sale of $115.0 million aggregate principal amount of its 9.375% Senior Notes due 2030

View on SEC.gov

Browse all debt financings →

TWO HARBORS INVESTMENT CORP. filing history →

Source: SEC EDGAR

accession 0001104659-25-047870

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

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.