debt
confidence high
sentiment neutral
materiality 0.60
Chimera issues $120M of 8.875% senior notes due 2030, net proceeds ~$115.8M
CHIMERA INVESTMENT CORP
- $120M aggregate principal (incl. $5M over-allotment) of 8.875% senior notes due Aug 15, 2030.
- Interest payable quarterly in arrears beginning Nov 15, 2025; redeemable at par after Aug 15, 2027.
- Net proceeds of ~$115.8M to finance mortgage asset acquisitions and for general corporate purposes.
- Notes are senior unsecured obligations ranking equally with existing unsecured debt.
- Issued under supplemental indenture with Wilmington Trust as trustee.
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