Ellington Financial Prices $400 Million Senior Unsecured Notes Offering Due 2030
Reuters
Oct 01
Ellington Financial Prices $400 Million Senior Unsecured Notes Offering Due 2030
$Ellington Financial Inc.(EFC-B)$ $(EFC)$ has announced the pricing of its previously announced offering of $400 million in aggregate principal amount of 7.375% senior unsecured notes due 2030. The notes, issued through certain subsidiaries, will be senior unsecured obligations and fully and unconditionally guaranteed by Ellington Financial Inc. The offering is expected to close on October 6, 2025, subject to customary closing conditions. The company plans to use the net proceeds for general corporate purposes, including repaying a portion of borrowings under outstanding repurchase agreements and funding the purchase of additional assets in line with its investment objectives and strategies. The notes have been offered only to qualified institutional buyers under Rule 144A and to non-U.S. persons outside the U.S. under Regulation S. No URL for the full prospectus is included in the provided document.
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