---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-143331"
form_type: "8-K"
ticker: "PMT"
cik: "0001464423"
company_name: "PennyMac Mortgage Investment Trust"
filed_at: "2024-05-21T23:59:59+00:00"
generated_at: "2026-06-01T10:40:21.880541+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# PennyMac Mortgage to offer $200M exchangeable senior notes due 2029 via PMC

## Summary
- PMC plans $200M private offering of exchangeable senior notes due 2029; purchasers have 13-day option for additional $30M.
- Notes are senior unsecured obligations of PMC, fully and unconditionally guaranteed by PMT; exchangeable for cash and/or PMT common shares.
- Proceeds to fund business activities: acquisition of MSRs, CRT securities, mortgage loans, and possible repayment of existing 5.50% notes due 2024/2026.
- Interest rate, exchange rate, and other terms to be determined at pricing; offering limited to QIBs under Rule 144A.
- Notes and underlying common shares are not registered under the Securities Act; no public sale.

## SEC filing metadata
- accession: 0001193125-24-143331
- form_type: 8-K
- ticker: PMT
- cik: 0001464423
- company_name: PennyMac Mortgage Investment Trust
- filed_at: 2024-05-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1464423/000119312524143331/0001193125-24-143331-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1464423/000119312524143331/d821989d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-143331
- JSON: https://secwatch.observer/filing/0001193125-24-143331.json
- Plain text: https://secwatch.observer/filing/0001193125-24-143331.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.