Angel Oak Mortgage REIT extends repurchase facility to May 2, 2024

Angel Oak Mortgage REIT, Inc.

Amendment No. 2 to Master Repurchase Agreement with 'Global Investment Bank 2' extends termination date from Feb 2, 2024 to May 2, 2024.
The facility had been set to expire on February 2, 2024; the extension adds approximately three months.
No other material terms of the facility were amended; all other provisions remain in effect.
The company and its subsidiary Angel Oak Mortgage Fund TRS are the Sellers under the repurchase agreement.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Angel Oak Mortgage REIT, Inc. amended Amendment No. 2 with Global Investment Bank 2 (effective 2024-01-19).

Action: amendment
Agreement: credit facility
Counterparty: Global Investment Bank 2
Effective: 2024-01-19

Exact text from the filing

On January 19, 2024, Angel Oak Mortgage REIT, Inc. (the “Company”) and one of its subsidiaries (the “Subsidiary”), entered into Amendment No. 2 (the “MRA Amendment”) to the Amended and Restated Master Repurchase Agreement (the “Master Repurchase Agreement”) with a Lender, “Global Investment Bank 2”.

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Angel Oak Mortgage REIT, Inc. filing history →

Source: SEC EDGAR

accession 0001766478-24-000002

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