REDWOOD TRUST (RWT) Prices $205M of 7.00% Convertible Notes Due 2030

The mortgage REIT signed an indenture for up to $205 million of 7.00% convertible senior notes maturing in 2030, convertible at about $4.90 a share.

Share
Redwood Trust invests in residential mortgage credit.

Redwood Trust (RWT) has entered into an indenture dated September 15, 2026 covering its 7.00% Convertible Senior Notes due 2030, issued initially in an aggregate principal amount not to exceed $205,000,000. The filing was disclosed in an 8-K flagging a material agreement, a new financial obligation and an unregistered sale of equity securities.