debt
confidence high
sentiment neutral
materiality 0.60
Ellington Financial upsizes senior notes offering to $150M at 7.375%
Ellington Financial Inc.
- Upsized offering of $150M 7.375% senior notes due 2030 priced at 99.010% (yield 7.663%).
- Notes issued under Oct 2025 indenture; add to $400M existing notes, single class with identical terms.
- Offering expected to close Sept 17, 2026; net proceeds for repurchase agreement paydown and asset purchases.
- Notes are senior unsecured, fully guaranteed by Ellington Financial; sold under Rule 144A/Reg S.