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Redwood Trust prices upsized USD 185 million convertible senior notes offering
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Redwood Trust prices upsized USD 185 million convertible senior notes offering
  • Redwood Trust priced an upsized USD 185 million private offering of 7% convertible senior notes due 2030.
  • Deal increased from USD 150 million; initial purchasers have a 13-day option to buy up to an additional USD 20 million.
  • Proceeds earmarked for USD 123.79 million repurchase of 7.75% convertible senior notes due 2027; USD 20 million share buyback.
  • Notes carry a USD 4.9 conversion price, a 35% premium to the Sept. 10 close; expected to close Sept. 15, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Redwood Trust Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260910580066) on September 11, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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