PennyMac Mortgage Investment Trust Issues $75 Million in 8.5% Exchangeable Senior Notes Due 2029
PennyMac Mortgage Investment Trust announced that its indirect, wholly-owned subsidiary, PennyMac Corp., has issued $75 million in aggregate principal amount of 8.500% Exchangeable Senior Notes due 2029 through a direct placement with investors. The notes were issued as part of the same series as previously issued 8.500% Exchangeable Senior Notes due 2029, bringing the total outstanding to $291.5 million. The net proceeds of approximately $75.5 million will be used to repay borrowings under the company's secured mortgage servicing rights and servicing advance facilities, repurchase or repay a portion of its 5.50% Exchangeable Senior Notes due 2026, and for general business purposes. The notes were issued under an existing indenture and registered with the SEC.
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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-319522), on December 16, 2025, and is solely responsible for the information contained therein.
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