New York Mortgage Trust, Inc. Announces Pricing of Public Offering of Senior Notes

NEW YORK, June 25, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the "Company") announced today the pricing of an underwritten public offering of $60 million aggregate principal amount of its 9.125% senior notes due 2029 (the "Notes"). The Company has granted the underwriters a 30-day option to purchase up to an additional$ 9 million aggregate principal amount of the Notes to cover overallotments. The offering is expected to close on June 28, 2024, subject to the satisfaction of cus ...