Financial law

PennyMac Mortgage Investment Trust Announces Proposed Private Placement of Exchangeable Senior Notes

Monday, March 1, 2021 - 9:11pm

PennyMac Mortgage Investment Trust (NYSE: PMT) (PMT or the Company) today announced that its indirect wholly-owned subsidiary, PennyMac Corp., plans to make a private offering of $200 million aggregate principal amount of its Exchangeable Senior Notes due 2026 (the Notes).

Key Points: 
  • PennyMac Mortgage Investment Trust (NYSE: PMT) (PMT or the Company) today announced that its indirect wholly-owned subsidiary, PennyMac Corp., plans to make a private offering of $200 million aggregate principal amount of its Exchangeable Senior Notes due 2026 (the Notes).
  • The Notes will be fully and unconditionally guaranteed by PMT and exchangeable for cash, PMTs common shares of beneficial interest (Common Shares) or a combination thereof, at PennyMac Corp.s election.
  • The Notes will be PennyMac Corp.s senior unsecured obligations and will rank equally with all of its present and future senior unsecured debt and senior to any future subordinated debt.
  • PennyMac Mortgage Investment Trust is a mortgage real estate investment trust (REIT) that invests primarily in residential mortgage loans and mortgage-related assets.

Form 8.3 - The Vanguard Group, Inc.: Aon plc

Monday, March 1, 2021 - 3:05pm

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.

Key Points: 
  • Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.
  • If none, this should be stated.

Form 8.3 - The Vanguard Group, Inc.: Willis Towers Watson plc

Monday, March 1, 2021 - 3:05pm

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.

Key Points: 
  • Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.
  • If none, this should be stated.

Form 8.3 - Tibra Trading PTY Limited: APPLEGREEN PLC

Monday, March 1, 2021 - 3:05pm

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.

Key Points: 
  • Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.
  • If none, this should be stated.

Green Stream Holdings Further Reduces Convertible Debt by $147,200

Monday, March 1, 2021 - 1:00pm

GSFI Finalizes Payoff of Convertible Promissory Note to Quick Capital, LLC

Key Points: 
  • Green Stream Holdings, Inc. is actively pursuing settlement, retirement and/or payoff of all remaining debt in the Company and anticipates announcing the elimination of all convertible debt by end of Q2 2021 in preparation for application to OTCQB Venture Market.
  • To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process.
  • where you can view Green Stream's news, filings and even a live Level 2 stream, along with other company information.
  • Except for any obligation under the U.S. federal securities laws, Green Stream Finance, Inc. undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.

KBRA Assigns Preliminary Ratings to Pagaya AI Debt Selection Trust 2021-1

Friday, February 26, 2021 - 11:30pm

Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes issued by Pagaya AI Debt Selection Trust 2021-1 (PAID 2021-1), a consumer loan ABS transaction.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes issued by Pagaya AI Debt Selection Trust 2021-1 (PAID 2021-1), a consumer loan ABS transaction.
  • This transaction is the second publicly rated securitization for Pagaya Investments US LLC (Pagaya).
  • Pagaya is a 100% owned subsidiary of Pagaya Technologies Ltd., which is an Israeli corporation.
  • KBRA has performed operational reviews of Pagaya and each of the Platform Sellers and has conducted surveillance on each platforms recent securitizations.

Otterbourg Names Valerie Mason and Nneoma Maduike as Co-Chairs of Lender Finance Practice Group

Friday, February 26, 2021 - 7:12pm

announced today that Valerie S. Mason and Nneoma A. Maduike have been named Co-Chairs of the firms Lender Finance Practice Group.

Key Points: 
  • announced today that Valerie S. Mason and Nneoma A. Maduike have been named Co-Chairs of the firms Lender Finance Practice Group.
  • Ms. Maduike and Ms. Mason are also members of Otterbourgs Finance practice, which encompasses acquisition finance, asset-based lending, structured finance, bankruptcy financing, international and syndicated lending, among other specialized areas.
  • The newly formed Lender Finance practice group reflects a formal acknowledgment of Otterbourgs long term growth and expansion of lender finance transactions as part of that practice and our ability to help lenders limit and manage their risk while developing positive relationships with borrowers.
  • Otterbourgs Lender Finance practice is a subset of Otterbourgs highly regarded Finance practice, in which Ms. Maduike and Ms. Mason are members of the firm and for which the firm is highly regarded and frequently honored by leading industry associations and publications.

Form 8.3 - The Vanguard Group, Inc.: Willis Towers Watson plc

Friday, February 26, 2021 - 3:06pm

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.

Key Points: 
  • Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.
  • If none, this should be stated.

Form 8.3 - The Vanguard Group, Inc.: Aon plc

Friday, February 26, 2021 - 3:05pm

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.

Key Points: 
  • Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.
  • If none, this should be stated.

Form 8.3 - The Vanguard Group, Inc.: Willis Towers Watson plc

Thursday, February 25, 2021 - 3:06pm

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.

Key Points: 
  • Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.
  • If none, this should be stated.