---
schema_version: "secwatch.filing_event.v1"
accession: "0001766478-24-000024"
form_type: "8-K"
ticker: "AOMR"
cik: "0001766478"
company_name: "Angel Oak Mortgage REIT, Inc."
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T06:20:16.768743+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Angel Oak Mortgage REIT enters new $250M repurchase facility with Global Investment Bank 2

## Summary
- New $250M repurchase facility; termination date March 27, 2026.
- Interest rate pricing margin ranges from 2.10% to 3.35% based on loan status and dwell time.
- Old $250M repurchase facility with same counterparty terminated simultaneously.
- Company guarantees subsidiary obligations; covenants on net asset value, debt ratio, and liquidity.

## SEC filing metadata
- accession: 0001766478-24-000024
- form_type: 8-K
- ticker: AOMR
- cik: 0001766478
- company_name: Angel Oak Mortgage REIT, Inc.
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1766478/000176647824000024/0001766478-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1766478/000176647824000024/aomr-20240328.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001766478-24-000024
- JSON: https://secwatch.observer/filing/0001766478-24-000024.json
- Plain text: https://secwatch.observer/filing/0001766478-24-000024.txt

## Key facts
- Debt Financings
  Angel Oak Mortgage REIT, Inc. incurred credit facility of $250.0 million with Global Investment Bank 2 at Term SOFR Reference Rate plus a pricing spread ranging from 2.10% to 3.35% maturing March 27, 2026.
  - Instrument: credit facility
  - Principal: $250.0 million
  - Counterparty: Global Investment Bank 2
  - Rate: Term SOFR Reference Rate plus a pricing spread ranging from 2.10% to 3.35%
  - Maturity: March 27, 2026
  - Event: incurrence
  source text: On Mach 28, 2024, Angel Oak Mortgage REIT, Inc. (the “Company”) and two of its subsidiaries (the “Subsidiaries”), entered into a $250.0 million repurchase facility agreement with a Lender, “Global Investment Bank 2” through the execution of a Master Repurchase Agreement (the “Master Repurchase Agreement”) between the Subsidiaries as sellers, Global Investment Bank 2 as buyer and the Company as Guarantor.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1766478/000176647824000024/0001766478-24-000024-index.htm
- Material Agreements
  Angel Oak Mortgage REIT, Inc. entered into Master Repurchase Agreement with Global Investment Bank 2 (effective 2024-03-28).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Global Investment Bank 2
  - Effective: 2024-03-28
  source text: THIS MASTER REPURCHASE AGREEMENT is made and entered into as of March 28, 2024 (as may be amended, restated, supplemented or otherwise modified from time to time, this “ Agreement ”), by and among * Global Investment Bank 2 (“ Buyer ”), AOMR TRS SPE, LLC, a Delaware limited liability company (“ Seller ”), and Spruce Mortgage Trust, a Delaware statutory trust (“ Trust Subsidiary ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1766478/000176647824000024/0001766478-24-000024-index.htm

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