secwatch.observer — SEC 8-K summary
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Issuer:     CHIMERA INVESTMENT CORP (CIM)
CIK:        0001409493
Form:       8-K
Filed at:   2024-08-19T23:59:59+00:00
Accession:  0001193125-24-202831
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chimera issues $74.75M of 9.250% Senior Notes due 2029
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- Notes bear interest at 9.250% per year, payable quarterly, mature Aug 15, 2029.
- Net proceeds of ~$71.9M after underwriting discounts and expenses.
- Proceeds to finance mortgage asset acquisitions and for general corporate purposes.
- Notes are senior unsecured obligations, redeemable at par on or after Aug 15, 2026.
- Issued under indenture with Wilmington Trust; legal opinions from Venable and Hunton Andrews Kurth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1409493/000119312524202831/0001193125-24-202831-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1409493/000119312524202831/d866865d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-202831

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