Redwood Trust Inc. (NYSE: RWT) has announced the pricing of an underwritten public offering of $100 million aggregate principal amount of its 9.50% senior notes due 2030. The offering also includes a 30-day option for underwriters to purchase up to an additional $15 million of the notes to cover over-allotments. The notes are expected to mature on December 1, 2030, and will bear interest at a rate of 9.50% per year, payable quarterly on March 1, June 1, September 1, and December 1, beginning March 1, 2026. Redwood intends to list the notes on the New York Stock Exchange under the symbol "RWTQ," with trading anticipated to begin within 30 days of issuance, pending approval. The net proceeds will be used for general corporate purposes, including supporting Redwood's mortgage banking platforms and investment activities. Full details are available in the prospectus on the SEC's website at https://www.sec.gov.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Redwood Trust Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251117772751) on November 17, 2025, and is solely responsible for the information contained therein.
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