debt
confidence high
sentiment neutral
materiality 0.60
PMT closes $172.5M offering of 9.00% Senior Notes due 2030
PennyMac Mortgage Investment Trust
- $172.5M aggregate principal of 9.00% Senior Notes due 2030 issued; includes full exercise of $22.5M over-allotment.
- Notes pay interest quarterly starting May 15, 2025; mature Feb 15, 2030; redeemable at par on or after Feb 15, 2027.
- Notes are unsecured, rank equally with existing unsecured debt; guaranteed by PennyMac Corp.
- Notes approved for listing on NYSE under symbol PMTV; trading expected within 30 days.