PennyMac Mortgage Investment Trust Reports Financial Obligation

TL;DR

PMT filed an 8-K on 12/15/25 detailing its senior notes due 2028 & 2030.

AI Summary

On December 15, 2025, PennyMac Mortgage Investment Trust (PMT) filed an 8-K to report the creation of a direct financial obligation. The filing indicates the company has outstanding senior notes due in 2028 and 2030, with coupon rates of 8.50% and 9.00% respectively. This filing is related to their ongoing financial obligations and debt structure.

Why It Matters

This filing provides insight into PennyMac Mortgage Investment Trust's current debt structure and financial commitments, which can influence investor decisions regarding the company's financial health.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of existing financial obligations and does not indicate new or unexpected risks.

Key Numbers

• 8.50% — Senior Notes Due 2028 Coupon Rate (Indicates a specific debt instrument's cost.)
• 9.00% — Senior Notes Due 2030 Coupon Rate (Indicates a specific debt instrument's cost.)

Key Players & Entities

• PennyMac Mortgage Investment Trust (company) — Registrant
• December 15, 2025 (date) — Date of earliest event reported
• M8.50PercentSeniorNotesDue2028Member (dollar_amount) — Senior Notes Due 2028
• M9.00PercentSeniorNotesDue20302Member (dollar_amount) — Senior Notes Due 2030

FAQ

Key Financial Figures

• $0.01 — Common Shares of Beneficial Interest, $0.01 par value PMT New York Stock Exchan
• $75 million — nvestment Trust (the "Company"), issued $75 million aggregate principal amount of the Issue
• $291,500,000 — incipal amount of outstanding Notes was $291,500,000. The 2029 Exchangeable Notes were issu
• $75.5 m — ds from the Offering were approximately $75.5 million, after deducting estimated offeri
• $1,000 — tially equals 63.3332 Common Shares per $1,000 principal amount of 2029 Exchangeable N
• $15.79 — initial exchange price of approximately $15.79 per Common Share). The exchange rate wi

Filing Documents

• d92077d8k.htm (8-K) — 42KB
• d92077dex51.htm (EX-5.1) — 16KB
• d92077dex52.htm (EX-5.2) — 13KB
• g92077dsp01a.jpg (GRAPHIC) — 5KB
• g92077dsp1.jpg (GRAPHIC) — 6KB
• g92077dsp10.jpg (GRAPHIC) — 5KB
• 0001193125-25-319522.txt ( ) — 280KB
• pmt-20251215.xsd (EX-101.SCH) — 4KB
• pmt-20251215_def.xml (EX-101.DEF) — 15KB
• pmt-20251215_lab.xml (EX-101.LAB) — 26KB
• pmt-20251215_pre.xml (EX-101.PRE) — 16KB
• d92077d8k_htm.xml (XML) — 12KB

From the Filing

8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 15, 2025 PennyMac Mortgage Investment Trust (Exact name of registrant as specified in its charter) Maryland 001-34416 27-0186273 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 3043 Townsgate Road , Westlake Village , California 91361 (Address of principal executive offices) (Zip Code) ( 818 ) 224-7442 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Shares of Beneficial Interest, $0.01 par value PMT New York Stock Exchange 8.125% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest, $0.01 par value PMT/PA New York Stock Exchange 8.00% Series B Cumulative Redeemable Preferred Shares of Beneficial Interest, $0.01 par value PMT/PB New York Stock Exchange 6.75% Series C Cumulative Redeemable Preferred Shares of Beneficial Interest, $0.01 par value PMT/PC New York Stock Exchange 8.50% Senior Notes Due 2028 PMTU New York Stock Exchange 9.00% Senior Notes Due 2030 PMTV New York Stock Exchange 9.00% Senior Notes Due 2030 PMTW New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On December 15, 2025, PennyMac Corp. (the "Issuer"), an indirect, wholly-owned subsidiary of PennyMac Mortgage Investment Trust (the "Company"), issued $75 million aggregate principal amount of the Issuer's 8.500% Exchangeable Senior Notes due 2029 (the "2029 Exchangeable Notes") in a direct placement registered under the Securities Act of 1933, as amended, pursuant to securities purchase agreements with the respective investors named therein (the "Offering"). As used herein, the term "2029 Exchangeable Notes" includes the Existing Notes (as defined below), unless the context requires otherwise. The 2029 Exchangeable Notes issued in the Offering were issued as a reopening of, and are part of the same series with, the 8.500% Exchangeable Senior Notes due 2029 that the Company previously issued in May 2024 (the "Existing Notes"). Upon completion of the Offering, the aggregate principal amount of outstanding Notes was $291,500,000. The 2029 Exchangeable Notes were issued pursuant to an Indenture, dated as of April 30, 2013 (the "Base Indenture"), among the Issuer, the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the "Trustee"), as supplemented by the Fourth Supplemental Indenture, dated as of May 24, 2024 (the "Supplemental Indenture" and, collectively with the Base Indenture, the "Indenture"), among the Issuer, the Company and the Trustee. The net proceeds from the Offering were approximately $75.5 million, after deducting estimated offering expenses. The net proceeds from the Offering are intended to be used for the repayment of a portion of the borrowings outstanding under the Company's secured mortgage servicing rights and servicing advance facilities; the repurchase or repayment of a portion of the Issuer's 5.50% Exchangeable Senior Notes due 2026; and for other general business purposes. The 2029 Exchangeable Notes will mature on June 1, 2029 unless repurchased or exchanged in accordance with their terms prior to such date. The 2029 Exchangeable Notes bear interest at a rate of 8.500% per year, payable semiannually in arrears on June 1 and December 1 of each year, beginning (in the case of the 2029 Exchangeable Notes issued in the Offering) on June 1

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View this 8-K filing on SEC EDGAR