{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-114083","form_type":"8-K","ticker":"RWT","cik":"0000930236","company_name":"REDWOOD TRUST INC","filed_at":"2025-11-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.654515+00:00","generated_at":"2026-05-16T18:40:12.728242+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Redwood Trust closes $100M public offering of 9.500% Senior Notes due 2030","bullets":["Offering of $100M aggregate principal amount of 9.500% Senior Notes due 2030 completed Nov 19, 2025.","Over-allotment option for up to an additional $15M of Notes; 30-day option.","Net proceeds approximately $96.4M ($110.9M if over-allotment fully exercised).","Proceeds for general corporate purposes, including mortgage banking platforms Sequoia, Aspire, CoreVest.","Notes mature Dec 1, 2030; interest payable quarterly starting Mar 1, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-114083","json":"https://secwatch.observer/filing/0001104659-25-114083.json","markdown":"https://secwatch.observer/filing/0001104659-25-114083.md","text":"https://secwatch.observer/filing/0001104659-25-114083.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/930236/000110465925114083/0001104659-25-114083-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/930236/000110465925114083/tm2531406d5_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T18:40:12.728242+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6a6fd17701758b4867bb58931f36355c1efad71b","claim":"REDWOOD TRUST INC incurred senior notes of $100,000,000 (plus up to $15,000,000 over-allotment option) with Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC, RBC Capital Markets, LLC, UBS Securities LLC, Wells Fargo Securities, LLC, Keefe, Bruyette & Woods, Inc., and Piper Sandler & Co. at 9.500% per annum maturing December 1, 2030.","evidence_excerpt":"On November 19, 2025, Redwood Trust, Inc. (the “Company”) completed its registered underwritten public offering of $100,000,000 aggregate principal amount of the Company’s 9.500% Senior Notes due 2030 (the “Notes”) pursuant to an underwriting agreement (the “Underwriting Agreement”) with Morgan Stanley & Co. LLC (“Morgan Stanley”), Goldman Sachs & Co. LLC (“Goldman”), RBC Capital Markets, LLC (“RBC”), UBS Securities LLC (“UBS”), Wells Fargo Securities, LLC (“Wells Fargo”), Keefe, Bruyette & Woods, Inc. (“KBW”) and Piper Sandler & Co. (“Piper Sandler”), as representatives of the several underwriters named therein (the “Offering”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/930236/000110465925114083/0001104659-25-114083-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$100,000,000 (plus up to $15,000,000 over-allotment option)"},{"label":"Counterparty","value":"Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC, RBC Capital Markets, LLC, UBS Securities LLC, Wells Fargo Securities, LLC, Keefe, Bruyette & Woods, Inc., and Piper Sandler & Co."},{"label":"Rate","value":"9.500% per annum"},{"label":"Maturity","value":"December 1, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}