PennyMac Mortgage Investment Trust issues additional $75M of 8.5% Exchangeable Notes due 2029, total $366.5M

PennyMac Mortgage Investment Trust

Issued $75M aggregate principal amount of 8.500% Exchangeable Senior Notes due 2029 as a further reopening of existing series.
Total outstanding Notes now $366.5M; net proceeds of approximately $75.6M after estimated offering expenses.
Proceeds to be used for repayment of MSR and servicing advance facilities, repurchase of 5.50% Notes due 2026, and general purposes.
Notes mature June 1, 2029, bear 8.5% interest, and are exchangeable into cash and/or common shares at initial rate of 63.3332 shares per $1,000.

item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

PennyMac Mortgage Investment Trust incurred senior notes of $75 million at 8.500% per year maturing June 1, 2029.

Instrument: senior notes
Principal: $75 million
Rate: 8.500% per year
Maturity: June 1, 2029
Event: incurrence

Exact text from the filing

On December 22, 2025, PennyMac Corp. (the “Issuer”), an indirect, wholly-owned subsidiary of PennyMac Mortgage Investment Trust (the “Company”), issued an additional $75 million aggregate principal amount of the Issuer’s 8.500% Exchangeable Senior Notes due 2029

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PennyMac Mortgage Investment Trust filing history →

Source: SEC EDGAR

accession 0001193125-25-328875

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