New York Mortgage Trust, Inc. Announces Pricing of Public Offering of Senior Notes
The Company has applied to list the Notes on the Nasdaq Global Select Market (“Nasdaq”) under the symbol “NYMTG” and, if the application is approved, expects trading in the Notes on Nasdaq to begin within 30 days after the Notes are first issued.
The Company intends to use the net proceeds of the offering for general corporate purposes, which may include, among other things, acquiring the Company’s targeted assets, including both single-family and multi-family residential assets, and various other types of mortgage-, residential housing- and credit-related assets that the Company may target from time to time and general working capital purposes.
The Notes will be senior unsecured obligations of the Company and pay interest quarterly in cash on
The offering was made pursuant to the Company’s existing shelf registration statement, which was declared effective by the
Attn: Prospectus Department
Toll-Free: 1-800-584-6837
Attn:
Email: [email protected]
Email: [email protected]
Toll-Free: 1-866-375-6829
Attn: Prospectus Department
Toll-Free: 1-833-481-0269
Attn: WFS Customer Service
Email: [email protected]
Toll-Free: 1-800-645-3751
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Notes or any other securities, nor shall there be any sale of such Notes or any other securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
About
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Forward-looking statements involve numerous risks and uncertainties. The Company’s actual results may differ from the Company’s beliefs, expectations, estimates and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements are not historical in nature and can be identified by words such as “anticipate,” “estimate,” “will,” “should,” “expect,” “believe,” “intend,” “seek,” “plan” and similar expressions or their negative forms, or by references to strategy, plans, or intentions. Forward-looking statements are based on the Company’s beliefs, assumptions and expectations of the Company’s future performance, taking into account information currently available to the Company. No assurance can be given that the offering discussed above will be completed on the terms described or at all, or that the net proceeds of the offering will be used as indicated. Completion of the offering on the terms described and the application of the net proceeds of the offering are subject to numerous possible events, factors and conditions, many of which are beyond the control of the Company and not all of which are known to the Company. These forward-looking statements are subject to risks and uncertainties, including, without limitation, market conditions and those described under the heading “Risk Factors” in the prospectus supplement relating to the offering and in the Company’s Annual Report on Form 10-K for the year ended
For Further Information
AT THE COMPANY
Investor Relations
Phone: 212-792-0107
Email: [email protected]
