Financing ·
Ellington Financial Inc. announced the pricing of its previously announced offering of additional senior unsecured…
EFCEllington Financial Inc.
Ellington Financial Inc. announced the pricing of its previously announced offering of additional senior unsecured notes due 2030, upsizing the aggregate principal amount from $100 million to $150 million. The new notes carry a coupon rate of 7.375% and were issued at a price of 99.010% of their principal amount, resulting in a yield to maturity of 7.663%. These notes are treated as a single class with the existing $400 million issuance under the same indenture dated October 6, 2025, and share identical terms except for the issue date and pricing. The offering is expected to close on September 17, 2026, subject to customary conditions. Ellington Financial operates in the financial services industry as a real estate investment trust that invests in diverse financial assets including mortgage loans and securities.