Loan & DebtJun 29, 2026, 04:16 PM
Angel Oak Mortgage REIT Extends Loan Facility, Reduces Interest Rate
AI Summary
Angel Oak Mortgage REIT, Inc. and two subsidiaries extended their loan financing facility with Multinational Bank 1. The facility, previously set to expire on June 25, 2026, has been renewed through September 25, 2026. Additionally, the interest rate pricing spread was reduced from a range of 1.65%-2.10% to 1.30%-2.10%.
Key Highlights
- Loan financing facility extended through September 25, 2026.
- Previously set to expire on June 25, 2026.
- Interest rate pricing spread reduced to 1.30% to 2.10%.
- Prior interest rate pricing spread was 1.65% to 2.10%.
Price Impact
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