Ellington Credit Co incurred senior notes of $50 million aggregate principal amount of its 8.50% Notes due 2031 with Wilmington Trust, National Association at 8.50% per year maturing March 30, 2031.
“On March 30, 2026, in connection with the previously announced public offering (the "Offering") of $50 million aggregate principal amount of its 8.50% Notes due 2031 (the "Notes"), Ellington Credit Company (the "Fund") entered into (i) an indenture (the "Base Indenture") between the Fund and Wilmington Trust, National Association (the "Trustee") and (ii) a first supplemental indenture to the Base Indenture, between the Fund and the Trustee (the "Supplemental Indenture," and, together with the Base Indenture, the "Indenture").”
Material Agreements
Ellington Credit Co entered into Indenture with Wilmington Trust, National Association valued at $50 million (effective 2026-03-30).
“On March 30, 2026, in connection with the previously announced public offering (the "Offering") of $50 million aggregate principal amount of its 8.50% Notes due 2031 (the “Notes”), Ellington Credit Company (the “Fund”) entered into (i) an indenture (the “Base Indenture”) between the Fund and Wilmington Trust, National Association (the “Trustee”) and (ii) a first supplemental indenture to the Base Indenture, between the Fund and the Trustee (the “Supplemental Indenture,” and, together with the Base Indenture, the “Indenture”).”
Material Agreements
Ellington Credit Co entered into Underwriting Agreement with Piper Sandler & Co., as representative of the several underwriters valued at $50 million (effective 2026-03-25).
“On March 25, 2026 (the "Effective Date", Ellington Credit Company (the “Fund”) entered into an underwriting agreement (the “Underwriting Agreement”) by and among the Fund, Ellington Credit Company Management LLC, Ellington Credit Company Administration LLC and Piper Sandler & Co., as representative of the several underwriters named therein (the “Underwriters”), in connection with the issuance and sale by the Fund of $50 million aggregate principal amount of the Fund's 8.50% notes due 2031 (the “2031 Notes”).”
Earnings Releases
Ellington Credit Co reported quarter ended March 31, 2024 results: net income $4.0 million, or $0.20 per share, EPS $0.20 per share.
“On May 14, 2024, the Company issued a press release announcing its financial results for the quarter ended March 31, 2024.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.