debt
confidence high
sentiment neutral
materiality 0.55
Angel Oak Mortgage REIT closes $40M public offering of 9.750% Senior Notes due 2030
Angel Oak Mortgage REIT, Inc.
- Issued $40.0M aggregate principal of 9.750% Senior Notes due June 1, 2030, plus underwriter option for additional $6.0M.
- Interest paid quarterly at 9.750% per annum, starting September 1, 2025; redeemable at par after June 1, 2027.
- Notes are guaranteed by Angel Oak Mortgage Operating Partnership, LP and listed on NYSE under symbol 'AOMD'.
- Net proceeds for general corporate purposes; offering made under existing shelf registration statement.
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