PennyMac Mortgage Investment Trust issues $50M of 8.50% Senior Notes due 2028

PennyMac Mortgage Investment Trust

Closed $50M aggregate principal of 8.50% Senior Notes due Sept 30, 2028, guaranteed by PennyMac Corp.
Underwriters have a 30-day option to purchase up to an additional $7.5M for over-allotments.
Interest payable quarterly at 8.50% per annum, first payment Dec 30, 2023.
Company may redeem notes at par on or after Sept 30, 2025, with 30 days' notice.
Notes approved for listing on NYSE under symbol PMTU; trading expected within 30 days.

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