PENNYMAC MORTGAGE INVESTMENT TRUST : Other Events, Financial Statements and Exhibits (form 8-K)
PennyMac Corp., plans to make a private offering of $200 million aggregate principal amount of its Exchangeable Senior Notes due 2026 (the "Notes"). The initial purchasers will have a 13-day option from the date of the offering to purchase up to an additional $30 million aggregate principal amount of Notes from PennyMac Corp. The net proceeds from the offering are intended to be used for PMT's general business purposes, including funding the correspondent production and investment activity of PMT and its subsidiaries, which may include investments in mortgage servicing rights, as well as t...
Source: marketscreener.com