secwatch.observer — SEC 8-K summary
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Issuer:     Ellington Financial Inc. (EFC)
CIK:        0001411342
Form:       8-K
Filed at:   2025-10-06T23:59:59+00:00
Accession:  0001628280-25-044314
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1411342/000162828025044314/0001628280-25-044314-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1411342/000162828025044314/efc-20251006.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-044314

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