PennyMac Mortgage Investment Trust Issues $75 Million in 8.5% Exchangeable Senior Notes Due 2029
Reuters
Dec 16, 2025
<a href="https://laohu8.com/S/PMT">PennyMac Mortgage</a> 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.
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