Redwood Trust to close $85M in debt offering
Housing Wire
JUNE 18, 2024
Redwood’s unsecured debt consists of senior notes due in 2029 that pay 9% annually. The company said the proceeds of the debt offering are expected to fund, among other things, the firm’s residential lending business, the acquisition of mortgage-backed securities (MBS), and strategic acquisitions and investments.
Let's personalize your content