secwatch.observer — SEC 8-K summary
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Issuer:     Angel Oak Mortgage REIT, Inc. (AOMR)
CIK:        0001766478
Form:       8-K
Filed at:   2025-10-08T23:59:59+00:00
Accession:  0001766478-25-000095
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Angel Oak Mortgage REIT enters $200M repurchase facility; spread 1.60% + Term SOFR
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- Subsidiary AOMR TRS SPE II, LLC as seller, Angel Oak as guarantor; facility expires Oct 6, 2027.
- Interest rate on advances is Term SOFR + 1.60% spread, consistent with other agreements.
- Financial covenants include tangible net worth, debt-to-tangible net worth, and minimum liquidity.
- Purchased assets are whole loan securities; Buyer (Global Investment Bank 4) has no purchase obligation.
- Guaranty covers subsidiary's obligations; customary events of default and remedies apply.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1766478/000176647825000095/0001766478-25-000095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1766478/000176647825000095/aomr-20251006.htm
  HTML page:      https://secwatch.observer/filing/0001766478-25-000095

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