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Ellington Financial Plans $100 Million Senior Notes Offering

Ellington Financial Plans $100 Million Senior Notes Offering

MT newswireMT newswire2026/09/14 13:59
09:59 AM EDT, 09/14/2026 (MT Newswires) -- Ellington Financial (EFC) plans to offer $100 million of 7.375% senior unsecured notes due 2030 through some of its subsidiaries, the company said Monday. The new notes will be issued as additional notes under its existing $400 million offering and will form a single class, Ellington Financial said. Net proceeds will be used for general corporate purposes, including repaying a portion of borrowings under its outstanding repurchase deals and funding purchases of additional assets, the company said. Price: 12.90, Change: +0.01, Percent Change: +0.04
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