---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-044314"
form_type: "8-K"
ticker: "EFC"
cik: "0001411342"
company_name: "Ellington Financial Inc."
filed_at: "2025-10-06T23:59:59+00:00"
generated_at: "2026-05-17T04:33:35.579948+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Ellington Financial closes $400M offering of 7.375% senior unsecured notes due 2030

## Summary
- $400M aggregate principal, 7.375% interest payable semi-annually, matures Sept 30, 2030.
- Notes are senior unsecured obligations of subsidiaries, fully guaranteed by Ellington Financial Inc.
- Net proceeds to repay repurchase agreement borrowings and fund additional asset purchases.
- Redeemable at issuer's option: make-whole until Sept 2027, then at 103.688% (2027), 101.844% (2028), 100% (2029+).
- Change of control put at 101% of principal plus accrued interest.

## SEC filing metadata
- accession: 0001628280-25-044314
- form_type: 8-K
- ticker: EFC
- cik: 0001411342
- company_name: Ellington Financial Inc.
- filed_at: 2025-10-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1411342/000162828025044314/0001628280-25-044314-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1411342/000162828025044314/efc-20251006.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-044314
- JSON: https://secwatch.observer/filing/0001628280-25-044314.json
- Plain text: https://secwatch.observer/filing/0001628280-25-044314.txt

## Key facts
- Debt Financings
  Ellington Financial Inc. incurred senior notes of $400.0 million with qualified institutional buyers and non-U.S. persons at 7.375% maturing September 30, 2030.
  - Instrument: senior notes
  - Principal: $400.0 million
  - Counterparty: qualified institutional buyers and non-U.S. persons
  - Rate: 7.375%
  - Maturity: September 30, 2030
  - Event: incurrence
  source text: On October 6, 2025, Ellington Financial Operating Partnership LLC, EF Holdco Inc., EF Cayman Holdings Ltd., Ellington Financial REIT Cayman Ltd. and Ellington Financial REIT TRS LLC (the “Issuers”), subsidiaries of Ellington Financial Inc. (the “Company”), issued $400.0 million in aggregate principal amount of 7.375% unsecured senior notes due 2030 (the “Notes”) under an indenture, dated as of October 6, 2025 (the “Indenture”), between the Issuers, the Company and Wilmington Trust, National Association, as trustee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1411342/000162828025044314/0001628280-25-044314-index.htm

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