Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
Ellington Credit Co incurred senior notes of $50 million aggregate principal amount of its 8.50% Notes due 2031 with Wilmington Trust, National Association at 8.50% per year maturing March 30, 2031.
- Instrument
- senior notes
- Principal
- $50 million aggregate principal amount of its 8.50% Notes due 2031
- Counterparty
- Wilmington Trust, National Association
- Rate
- 8.50% per year
- Maturity
- March 30, 2031
- Event
- incurrence
Exact text from the filing
On March 30, 2026, in connection with the previously announced public offering (the "Offering") of $50 million aggregate principal amount of its 8.50% Notes due 2031 (the "Notes"), Ellington Credit Company (the "Fund") entered into (i) an indenture (the "Base Indenture") between the Fund and Wilmington Trust, National Association (the "Trustee") and (ii) a first supplemental indenture to the Base Indenture, between the Fund and the Trustee (the "Supplemental Indenture," and, together with the Base Indenture, the "Indenture").
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Ellington Credit Co entered into Indenture with Wilmington Trust, National Association valued at $50 million (effective 2026-03-30).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- Wilmington Trust, National Association
- Value
- $50 million
- Effective
- 2026-03-30
Exact text from the filing
On March 30, 2026, in connection with the previously announced public offering (the "Offering") of $50 million aggregate principal amount of its 8.50% Notes due 2031 (the “Notes”), Ellington Credit Company (the “Fund”) entered into (i) an indenture (the “Base Indenture”) between the Fund and Wilmington Trust, National Association (the “Trustee”) and (ii) a first supplemental indenture to the Base Indenture, between the Fund and the Trustee (the “Supplemental Indenture,” and, together with the Base Indenture, the “Indenture”).
View on SEC.gov