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Pennymac to issue $650M in unsecured debt

Housing Wire

Pennymac Financial Services is the latest mortgage company to issue debt in a challenging housing market. The California-based company announced on Wednesday it intends to offer a $650 million aggregate principal amount of senior notes due in 2029. For example, Freedom raised $1.3 In total, $1.8

Contracts 401
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Anywhere Real Estate reports $19M in Q2 net income

Housing Wire

We remain in a tough part of the cycle,” Ryan Schneider, the CEO of Anywhere Real Estate, told investors and analysts on the firm’s second quarter earnings call Tuesday morning. to exchange $273 million of the 5.75% senior notes due 2029 and 5.25% senior notes due 2030 it holds for $218 million in new 7.0% million to 4.3