---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-022115"
form_type: "8-K"
ticker: "EARN"
cik: "0001560672"
company_name: "Ellington Credit Co"
filed_at: "2026-03-31T23:59:59+00:00"
generated_at: "2026-05-15T08:09:27.727729+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ellington Credit closes $50M 8.50% notes due 2031; NYSE listing under 'ELLA'

## Summary
- Issued $50M aggregate principal of 8.50% Notes due 2031 (NYSE: ELLA).
- Underwriters have 30-day option to purchase up to $7.5M additional Notes.
- Notes mature March 30, 2031; interest paid quarterly, starting June 30, 2026.
- Fund may redeem Notes at par on/after March 30, 2028; no sinking fund.
- Notes are unsecured; rank pari passu with existing senior unsecured debt.

## SEC filing metadata
- accession: 0001628280-26-022115
- form_type: 8-K
- ticker: EARN
- cik: 0001560672
- company_name: Ellington Credit Co
- filed_at: 2026-03-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560672/000162828026022115/0001628280-26-022115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560672/000162828026022115/earn-20260330.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-022115
- JSON: https://secwatch.observer/filing/0001628280-26-022115.json
- Plain text: https://secwatch.observer/filing/0001628280-26-022115.txt

## Source-grounded claims
- claim_id: 23cf465ba099a4a291a9e62ef24fba89279a567e
  claim: 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.
  evidence_excerpt: 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").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560672/000162828026022115/0001628280-26-022115-index.htm
- claim_id: 7c26e9336b10fbab6443a8748a13752a4c28873e
  claim: Ellington Credit Co entered into Indenture with Wilmington Trust, National Association valued at $50 million (effective 2026-03-30).
  evidence_excerpt: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560672/000162828026022115/0001628280-26-022115-index.htm

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