Redwood Trust Inc. Raises $100 Million in Senior Notes Offering

Reuters
2025.11.19 21:06
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Redwood Trust Inc. completed a public offering of $100 million in 9.500% Senior Notes due 2030, netting approximately $96.4 million after expenses. Underwriters have a 30-day option to purchase an additional $15 million, potentially increasing net proceeds to $110.9 million. Interest is payable quarterly starting March 1, 2026. The Notes are senior unsecured obligations.