PennyMac Mortgage Investment Trust Enters Material Definitive Agreement

Ticker: PMT-PC · Form: 8-K · Filed: Jul 3, 2024 · CIK: 1464423

Pennymac Mortgage Investment Trust 8-K Filing Summary
FieldDetail
CompanyPennymac Mortgage Investment Trust (PMT-PC)
Form Type8-K
Filed DateJul 3, 2024
Risk Levelmedium
Pages5
Reading Time6 min
Key Dollar Amounts$0.01, $355 million
Sentimentneutral

Sentiment: neutral

Topics: material-definitive-agreement, financial-obligation, 8-k

TL;DR

PMT signed a big financial deal on 6/27, check the 8-K.

AI Summary

On June 27, 2024, PennyMac Mortgage Investment Trust entered into a material definitive agreement related to its financial obligations. The company, incorporated in Maryland, filed this 8-K report on July 3, 2024, detailing the creation of a direct financial obligation or an off-balance sheet arrangement.

Why It Matters

This filing indicates a significant financial commitment or obligation for PennyMac Mortgage Investment Trust, which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements can introduce new financial risks or obligations that require careful monitoring.

Key Players & Entities

  • PennyMac Mortgage Investment Trust (company) — Registrant
  • June 27, 2024 (date) — Date of earliest event reported
  • July 3, 2024 (date) — Filing date
  • Maryland (jurisdiction) — State of incorporation

FAQ

What specific type of material definitive agreement did PennyMac Mortgage Investment Trust enter into?

The filing states that the company entered into a 'Material Definitive Agreement' and also notes the 'Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant', but does not specify the exact nature of the agreement in the provided text.

What is the Central Index Key (CIK) for PennyMac Mortgage Investment Trust?

The Central Index Key for PennyMac Mortgage Investment Trust is 0001464423.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on June 27, 2024.

What is the Standard Industrial Classification (SIC) code for PennyMac Mortgage Investment Trust?

The Standard Industrial Classification code for PennyMac Mortgage Investment Trust is 6798, which corresponds to Real Estate Investment Trusts.

What is the fiscal year end for PennyMac Mortgage Investment Trust?

The fiscal year end for PennyMac Mortgage Investment Trust is December 31 (1231).

Filing Stats: 1,535 words · 6 min read · ~5 pages · Grade level 11 · Accepted 2024-07-03 08:00:32

Key Financial Figures

  • $0.01 — Common Shares of Beneficial Interest, $0.01 par value PMT New York Stock Exchan
  • $355 million — issued an aggregate principal amount of $355 million in secured term notes (the "Series 2024

Filing Documents

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1^ Series 2024-FT1 Indenture Supplement, dated as of June 27, 2024, by and among PMT ISSUER TRUST - FMSR, PMT CO-ISSUER TRUST I – FMSR, Citibank, N.A., PennyMac Corp., PennyMac Holdings, LLC, Atlas Securitized Products, L.P., and the noteholders thereto 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) ^ Portions of the exhibit have been redacted SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PENNYMAC MORTGAGE INVESTMENT TRUST Dated: July 2, 2024 /s/ Daniel S. Perotti Daniel S. Perotti Senior Managing Director and Chief Financial Officer

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