
Pennymac Mortgage Investment Trust, founded in 2009 and headquartered in California, is a leading real estate investment trust (REIT) focused on acquiring and managing residential mortgage loans and mortgage-related assets. The company aims to generate attractive returns for its investors by investing primarily in agency and non-agency mortgage-backed securities, as well as mortgage servicing rights.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
PMTU 8.50% 2028-09-30 USDPennymac Mortgage Investment Trust | United States | 2028-09-30 | 8.500 | — |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Pennymac has actively engaged in bond issuances to enhance its funding capabilities and expand its portfolio. The company first issued bonds in 2015, with notable offerings including its 2020 $500 million senior unsecured notes, which featured a competitive yield of 3.875%—a strong appeal amid industry competition. Recently, the firm has maintained yields that are attractive relative to its peers, demonstrating resilience and strategic management of its funding needs during economic fluctuations.