PennyMac Mortgage Investment Trust Enters Material Definitive Agreement
Ticker: PMT-PC · Form: 8-K · Filed: Dec 23, 2024 · CIK: 1464423
| Field | Detail |
|---|---|
| Company | Pennymac Mortgage Investment Trust (PMT-PC) |
| Form Type | 8-K |
| Filed Date | Dec 23, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $1 billion, $500 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
TL;DR
PMT just signed a big deal, watch their financials.
AI Summary
On December 20, 2024, PennyMac Mortgage Investment Trust entered into a material definitive agreement related to its financial obligations. The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. Specific details regarding the nature and value of this agreement are provided within the filing.
Why It Matters
This filing signals 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 — Material definitive agreements and new financial obligations can introduce financial risks and alter a company's balance sheet.
Key Players & Entities
- PennyMac Mortgage Investment Trust (company) — Registrant
- December 20, 2024 (date) — Date of earliest event reported
FAQ
What type of material definitive agreement did PennyMac Mortgage Investment Trust enter into?
The filing indicates the entry into a material definitive agreement that creates a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is December 20, 2024.
What is the Central Index Key (CIK) for PennyMac Mortgage Investment Trust?
The Central Index Key for PennyMac Mortgage Investment Trust is 0001464423.
Under which section of the Securities Exchange Act of 1934 is this Current Report filed?
This Current Report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is the state of incorporation for PennyMac Mortgage Investment Trust?
PennyMac Mortgage Investment Trust is incorporated in Maryland.
Filing Stats: 1,290 words · 5 min read · ~4 pages · Grade level 9.6 · Accepted 2024-12-23 17:16:01
Key Financial Figures
- $0.01 — Common Shares of Beneficial Interest, $0.01 par value PMT New York Stock Exchan
- $1 billion — balance of the Series 2024-VF2 Note is $1 billion and the aggregate committed amount is $
- $500 million — n and the aggregate committed amount is $500 million. The Series 2024-VF1 Note is pari passu
Filing Documents
- d871342d8k.htm (8-K) — 40KB
- d871342dex101.htm (EX-10.1) — 97KB
- d871342dex102.htm (EX-10.2) — 412KB
- d871342dex103.htm (EX-10.3) — 53KB
- 0001193125-24-284302.txt ( ) — 902KB
- pmtu-20241220.xsd (EX-101.SCH) — 4KB
- pmtu-20241220_def.xml (EX-101.DEF) — 14KB
- pmtu-20241220_lab.xml (EX-101.LAB) — 24KB
- pmtu-20241220_pre.xml (EX-101.PRE) — 15KB
- d871342d8k_htm.xml (XML) — 9KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1^ Series 2024-VF2 Indenture Supplement, dated as of December 20, 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 10.2 Master Repurchase Agreement, dated as of December 20, 2024, among PMC FMSR VFN Funding, LLC, PMH FMSR VFN Funding, LLC, PennyMac Corp., PennyMac Holdings, LLC, the buyers from time-to-time party thereto, and Citibank, N.A. 10.3 Series 2024-VF2 Guaranty, dated as of December 20, 2024, by PennyMac Mortgage Investment Trust, PennyMac Corp., and PennyMac Holdings, LLC 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: December 23, 2024 /s/ Daniel S. Perotti Daniel S. Perotti Senior Managing Director and Chief Financial Officer