Entering text into the input field will update the search result below

Western Asset Mortgage Capital prices $351.9M mortgage-backed notes

Reit, real estate investment fund  concept, cube wooden block with alphabet building the word REIT on blackboard

Nuthawut Somsuk/iStock via Getty Images

  • Western Asset Mortgage Capital (NYSE:WMC) priced $351.9M mortgage-backed notes, carrying a weighted average fixed interest rate of ~5.9% per annum.
  • The securitization comprises of a portfolio of residential whole loans.
  • The final payment date for the notes, to be issued in a private placement to qualified institutional investors and non-U.S. persons, is expected to be in July 2057.
  • The offering, subject to customary closing conditions, is expected to close on or about Jul. 13.
  • Source: Press Release

Recommended For You

Comments (1)

Have a tip? Submit confidentially to our News team. Found a factual error? Report here.

Guess they need money to raise money in order to remain solvent.

About WMC

SymbolLast Price% Chg
Div Rate (TTM)
Yield (TTM)
Short Interest
Market Cap
Compare to Peers

Related Stocks

SymbolLast Price% Chg
Western Asset Mortgage Capital Corporation
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.