Redwood Trust Prices Upsized $185 Million Private Debt Offering

04:15 AM EDT, 09/11/2026 (MT Newswires) -- Redwood Trust (RWT) priced a private offering of $185 million of 7% convertible senior unsecured notes due Sept. 15, 2030, upsized from a previously planned $150 million, the company said Friday. Initial purchasers have an option to purchase up to an additional $20 million of notes. The company expects the offering to close Tuesday and plans to use about $129.3 million of the net proceeds for senior note repurchases, among other things, it said.