PennyMac Mortgage Investment Trust Prices $291.5 Million Exchangeable Senior Notes Offering

Reuters12-12
<a href="https://laohu8.com/S/PMT">PennyMac Mortgage</a> Investment Trust Prices $291.5 Million Exchangeable Senior Notes Offering

PennyMac Mortgage Investment Trust (NYSE: PMT) announced that its indirect wholly-owned subsidiary, PennyMac Corp. (PMC), has priced a $75 million aggregate principal amount offering of 8.500% Exchangeable Senior Notes due 2029. This offering is a reopening of the same series as the $216.5 million aggregate principal amount of 8.500% Exchangeable Senior Notes due 2029 originally issued by PMC in May 2024. The new issuance is expected to close on December 15, 2025, subject to closing conditions. Interest on the notes will be paid semiannually on June 1 and December 1 each year. The notes will be fully and unconditionally guaranteed by PennyMac Mortgage Investment Trust.

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. PennyMac Mortgage Investment Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 20251211631679) on December 11, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment