Company: AOMN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001766478-25-000099
Chunk: 16

Company: Angel Oak Mortgage REIT, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 16
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,726,657 N/A4.13%$1,593,612 Securities sold under agreements to repurchase$54,041 $54,041 October 20255.92%$50,555 Senior Unsecured Notes June 2030 Senior Unsecured Notes$42,500 $40,681 June 20309.75%$— July 2029 Senior Unsecured Notes50,000 48,114 July 20299.50%47,740 Total Senior Unsecured Notes$92,500 $88,795 $47,740 Total Financing$2,220,089 $2,212,101 $1,821,366 (1)     On September 25, 2025, this financing facility was extended through March 25, 2026 in accordance with the terms of the agreement, which contemplates six-month renewals. The interest rate pricing spread remained unchanged from the prior extension at a range from 1.65% to 2.10%. (2)     On March 28, 2024, the Company and two of its subsidiaries terminated the existing facility with Global Investment Bank 2 and the Company and two different subsidiaries entered into a new facility with Global Investment Bank 2 wherein the Company is guarantor, one of the subsidiaries is seller and Global Investment Bank 2 is buyer. This updated facility is extended through March 27, 2026. On October 10, 2025, the facility was amended to, reduce the interest rate pricing spread to a range of 1.65% to 2.40%; prior to this amendment, the interest rate pricing spread was a range of 1.75% to 3.35%.(3)     On September 26, 2025, the facility’s termination date was extended to September 26, 2026.  In addition, the interest rate pricing spread was reduced to a range from 1.75%to 4.75%; prior to this extension, the interest rate pricing spread was a range from 1.90% to 4.75%. The following table sets forth the total unused borrowing capacity of each financing line as of September 30, 2025:

15

Angel Oak Mortgage REIT, Inc.Notes to the Condensed Consolidated Financial Statements(Unaudited)

Note PayableBorrowing CapacityBalance OutstandingAvailable Financing(in thousands)Mult