New Preferred Stock And Exchange Traded Debt IPOs, August 2024
Angel Oak(AOMR) Seeking Alpha·2024-09-02 05:16
gorodenkoff CDx3 Investor New offering summaries: Angel Oak Mortgage REIT (AOMR) priced an offering of $50 million worth of new exchange traded senior notes due 2029, offering a fixed coupon of 9.5%. The new notes, which may be redeemed by the company at par starting July 30, 2026, will provide funding for the company’s acquisition of residential mortgage investments as well as potential common stock repurchases. The new notes trade on the Nasdaq under symbol AOMN, where they were changing hands slight ...