PennyMac Prices $75 Million Exchangeable Senior Notes, Total Series Reaches $366.5 Million
PennyMac Mortgage Investment Trust (NYSE: PMT) announced that its indirect wholly-owned subsidiary, PennyMac Corp. (PMC), has priced an offering of $75 million aggregate principal amount of 8.500% Exchangeable Senior Notes due 2029. This issuance is a further reopening of the same series as the $291.5 million of 8.500% Exchangeable Senior Notes due 2029 previously issued in May 2024 and in an earlier reopening in December 2025. The latest issuance is expected to close on December 22, 2025, subject to closing conditions, with interest payable semiannually on June 1 and December 1. 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: 20251218838172) on December 18, 2025, and is solely responsible for the information contained therein.
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