---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-328875"
form_type: "8-K"
ticker: "PMT"
cik: "0001464423"
company_name: "PennyMac Mortgage Investment Trust"
filed_at: "2025-12-22T23:59:59+00:00"
generated_at: "2026-05-16T12:24:23.927646+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-328875
- form_type: 8-K
- ticker: PMT
- cik: 0001464423
- company_name: PennyMac Mortgage Investment Trust
- filed_at: 2025-12-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1464423/000119312525328875/0001193125-25-328875-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1464423/000119312525328875/d70294d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-328875
- JSON: https://secwatch.observer/filing/0001193125-25-328875.json
- Plain text: https://secwatch.observer/filing/0001193125-25-328875.txt

## Key facts
- Debt Financings
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1464423/000119312525328875/0001193125-25-328875-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.