debt
confidence high
sentiment neutral
materiality 0.60
Redwood Trust issues $125M of 9.75% senior notes due 2031
REDWOOD TRUST INC
- Offering of $125M aggregate principal 9.75% senior notes due 2031.
- Underwriters granted 30-day option to purchase up to $18.75M additional notes for over-allotments.
- Underwriters include Morgan Stanley, RBC, UBS, Wells Fargo, Goldman Sachs, Piper Sandler.
- Expected closing date May 27, 2026, under existing shelf registration statement.
- Underwriting agreement provides for customary indemnification among parties.
item 8.01item 9.01