New York Mortgage Trust Raises $25M Through Senior Notes Offering
ByAinvest
Friday, Aug 22, 2025 6:50 pm ET1min read
NYMT--
New York Mortgage Trust has issued $25 million of 9.875% Senior Notes due 2030. The net proceeds will be used for general corporate purposes, including acquiring targeted assets and general working capital. The company's financial performance is mixed, with a strong balance sheet but declining revenues. Analysts rate the stock as Hold with a $7.00 price target.
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