Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

PENNYMAC FINANCIAL SERVICES, INC.

(PFSI)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

PennyMac Financial Services, Inc. Announces Extension of Consent Solicitations for Each of 5.375% SeniorNotes due 2025 and 4.250% SeniorNotes due 2029 and Increase of Consent Fee for its 4.250% SeniorNotes due 2029

10/04/2021 | 01:09pm EST

PennyMac Financial Services, Inc. announced that it has extended the expiration date of its previously announced solicitation of consents from the holders of its (i) 5.375% Senior Notes due 2025 and (ii) 4.250% Senior Notes due 2029 for the adoption of proposed amendments to the indentures governing the Notes to conform the restricted payments covenant and the permitted investments definition included in the applicable Indenture to the restricted payments covenant and permitted investments definition, respectively, contained in the indenture governing the company’s 5.75% Senior Notes due 2031, which were issued on September 16, 2021. The Consent Solicitations, which were previously scheduled to expire on October 5, 2021, will now expire on October 7, 2021, unless further extended . In addition, the company announced that the consent fee for the Consent Solicitation in respect of the 2029 Notes will be increased so that holders of the 2029 Notes will receive a cash payment equal to $10.00 per $1,000 principal amount of 2029 Notes in respect of which such consents to the Proposed Amendments have been validly delivered prior to the Extended Expiration Time and not validly revoked by such holder. Except as provided herein, all other terms, provisions and conditions of the Consent Solicitations remain unchanged. The terms of the Consent Solicitation are detailed in the Consent Solicitation Statement, dated September 27, 2021. No consent fee will be paid to any holder of Notes for which the requisite consents have been obtained unless such holder delivers a consent in accordance with the terms of the Consent Solicitation Statement prior to the Extended Expiration Time. Holders of the Notes who have previously delivered consents do not need to redeliver such consents or take any other action in response to this extension and, with respect to the 2029 Notes Consent Solicitation, increase in consent fee. Other holders of the Notes may deliver their consents in accordance with the instructions provided in the Consent Solicitation Statement at or prior to the Extended Expiration Time.


ę S&P Capital IQ 2021
All news about PENNYMAC FINANCIAL SERVICES, INC.
12/01PennyMac Financial Services Names Chief Human Resources Officer
MT
12/01PennyMac Expands Its Leadership Team Hiring Jenny Rhodes as Managing Director and Chief..
BU
12/01Pennymac Financial Services, Inc. Hires Jenny Rhodes as Managing Director and Chief Hum..
CI
11/30INSIDER BUY : PennyMac Financial Services
MT
11/24INSIDER BUY : Pennymac Financial Services
MT
11/19PennyMac Operations Chief to Step Down
MT
11/18PENNYMAC FINANCIAL SERVICES : Announces Organizational Changes and Update on Kurland Famil..
PU
11/18PENNYMAC FINANCIAL SERVICES, INC. : Change in Directors or Principal Officers, Other Event..
AQ
11/18Tranche Update on PennyMac Financial Services, Inc.'s Equity Buyback Plan announced on ..
CI
11/18PennyMac Financial Services, Inc. announces an Equity Buyback for 225,000 shares, for $..
CI
More news
Analyst Recommendations on PENNYMAC FINANCIAL SERVICES, INC.
More recommendations
Financials (USD)
Sales 2021 3 229 M - -
Net income 2021 1 058 M - -
Net Debt 2021 - - -
P/E ratio 2021 4,40x
Yield 2021 1,17%
Capitalization 4 040 M 4 040 M -
Capi. / Sales 2021 1,25x
Capi. / Sales 2022 1,48x
Nbr of Employees 7 261
Free-Float 89,7%
Chart PENNYMAC FINANCIAL SERVICES, INC.
Duration : Period :
PennyMac Financial Services, Inc. Technical Analysis Chart | PFSI | US70932M1071 | MarketScreener
Technical analysis trends PENNYMAC FINANCIAL SERVICES, INC.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 8
Last Close Price 68,44 $
Average target price 86,25 $
Spread / Average Target 26,0%
EPS Revisions
Managers and Directors
David A. Spector Chairman & Chief Executive Officer
Douglas E. Jones President & Chief Mortgage Banking Officer
Daniel Stanley Perotti Chief Financial Officer & Senior Managing Director
Lior Ofir Chief Information Officer & Senior MD
Andrew S. Chang Chief Operating Officer & Senior Managing Director