Redwood Trust为2030年到期的9.50%优先票据定价1亿美元

2025-11-18 06:28

Redwood Trust (RWT) priced a $100M public offering of 9.50% senior notes due 2030.
Underwriters have a 30-day option to purchase up to an additional $15M in notes.
The offering is expected to close on November 19, 2025.
Redwood plans to list the notes on the NYSE under the symbol “RWTQ,” with trading expected within 30 days of issuance.
Net proceeds will support general corporate purposes, including mortgage banking platforms, portfolio asset acquisitions, and strategic investments.
The notes carry quarterly interest payments beginning March 1, 2026, and mature on December 1, 2030.
Redwood may redeem the notes at par plus interest on or after December 1, 2027.
A change of control would require Redwood to offer to repurchase the notes at 101% of principal plus accrued interest.

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