PennyMac Mortgage Investment Trust Prices Private Placement of $200 Million of Exchangeable Senior Notes

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posted:4/25/2013
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Description: MOORPARK, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) (“PMT”) today announced the pricing of a private offering by its indirect wholly-owned subsidiary, PennyMac Corp., of $200 million aggregate principal amount of its Exchangeable Senior Notes due 2020 (the “Notes”). The initial purchasers have a 30-day option from the date of the offering to purchase up to an additional $50 million aggregate principal amount of Notes from PennyMac Corp. The Notes will be offered onl a style='font-size:
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