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PFSI

PennyMac Financial Services To Privately Offer $650 Mln Of Sr. Notes

February 04, 2025 — 08:35 am EST

Written by RTTNews.com for RTTNews->

(RTTNews) - PennyMac Financial Services, Inc. (PFSI), a specialty financial services firm, Tuesday said it intends to privately offer $650 million of senior notes due 2033.

The company plans to use proceeds from the offering to repay debt, to buy back 5.375% senior notes due October 2025, and for other general corporate purposes.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
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