Company: RWT-PA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000930236-25-000029
Chunk: 293

Company: REDWOOD TRUST INC
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 293
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663Servicer advance financing1161,900161,166200,000 6.27 %12/2026227,518Secured revolving financing facility (4)1250,000247,140250,000 9.29 %3/2026403,345Corporate Debt:Promissory notes (3) (5)311,38011,380— 7.07 %N/A— 5.75% exchangeable senior notes (3)1123,574123,534N/A5.75 %10/2025N/A7.75% convertible senior notes (3)1247,170243,487N/A7.75 %6/2027N/ATrust preferred securities and subordinated notes2139,500138,883N/A6.79 %1/2037, 7/2037N/A9.125% Senior Notes (3)160,00058,087N/A9.13 %3/2029N/A9.0% Senior Notes (3)185,00082,362N/A9.00 %9/2029N/A9.125% Senior Notes (3)190,00086,832N/A9.13 %3/2030N/ATotal Debt Obligations$3,762,938 $3,744,868 $3,972,697 

51

REDWOOD TRUST, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS June 30, 2025(Unaudited) Note 18. Debt Obligations, Net - (continued)

December 31, 2024(Dollars in Thousands)Number of Facilities or IssuancesPrincipal AmountCarrying Value (1)Facility CapacityWeighted Average Interest Rate (2)Final Stated MaturityCarrying Value of CollateralShort-Term Facilities:Residential consumer loan warehouse facilities7$956,010 $956,010 $2,175,000 6.24 %3/2025-10/2025$1,005,926 Residential investor loan warehouse facilities2223,975223,876800,0007.31 %6/2025-7/2025300,843Real estate securities repurchase facilities6210,352210,352— 5.81 %1/2025-3/2025281,997Res