PennyMac Mortgage Investment Trust announced that its indirect, wholly-owned subsidiary, PennyMac Corp., has issued an additional $75 million aggregate principal amount of 8.500% Exchangeable Senior Notes due 2029 in a direct placement. The net proceeds of approximately $75.6 million will be used to repay outstanding borrowings under the company’s secured mortgage servicing rights and servicing advance facilities, to 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 effective shelf registration statement with the Securities and Exchange Commission. The notes are not redeemable prior to maturity, and no sinking fund will be provided. Holders may require the issuer to repurchase the notes under certain conditions at 100% of the principal amount plus accrued interest.

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: 0001193125-25-328875), on December 22, 2025, and is solely responsible for the information contained therein.