PennyMac Financial Services Reports Pricing Of Private Offering Of $650M Of Senior Notes
Portfolio Pulse from Benzinga Newsdesk
PennyMac Financial Services has announced the pricing of a private offering of $650 million in senior notes.
May 20, 2024 | 9:18 pm
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PennyMac Financial Services has priced a private offering of $650 million in senior notes, which could impact its liquidity and debt profile.
The successful pricing of the senior notes indicates strong investor demand and could improve PennyMac's liquidity position. This is likely to be viewed positively by the market, potentially leading to a short-term increase in the stock price.
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