PennyMac Mortgage Investment Trust establishes $200M ATM equity offering program

PennyMac Mortgage Investment Trust

Enters Equity Distribution Agreements with 8 agents including Barclays, Goldman Sachs, UBS for at-the-market sales.
Common shares may be sold up to $200M aggregate offering price; compensation to agents capped at 2.0% of gross proceeds.
Company may sell shares to agents as principal; no obligation to sell any shares under the agreements.
Proceeds may be used to reduce indebtedness; affiliates of agents are lenders under certain credit facilities.
Prospectus supplement filed June 14, 2024; suspension of sales allowed at any time.

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