debt
confidence high
sentiment positive
materiality 0.35
Angel Oak Mortgage REIT extends repurchase facility to Dec 2024, spread lowered to 1.75%
Angel Oak Mortgage REIT, Inc.
- Renewed Master Repurchase Agreement with Multinational Bank 1 through Dec 26, 2024.
- Interest rate pricing spread decreased from 2.00% to 1.75%.
- Facility originally dated Apr 13, 2022; renewed under six-month renewal mechanism.
- Company and two subsidiaries party to the renewal.