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Stock impact report

RWTQ: A 9.50% Senior Note IPO From Redwood Trust [Seeking Alpha]

Redwood Trust, Inc. (RWT) 
Last redwood trust, inc. earnings: 2/27 04:16 pm Check Earnings Report
US:NYSE Investor Relations: redwoodtrust.com/corporateprofile
Company Research Source: Seeking Alpha
RWT's financial health has deteriorated: the debt-to-equity ratio rose, and interest coverage from dividends has weakened significantly over the past year. The new RWTQ notes carry a notably higher risk premium than previous issues, reflecting increased credit risk. I am avoiding RWTQ due to worsening capital structure and better fixed-income alternatives, pending a clear improvement in RWT's financial metrics. fadfebrian/iStock via Getty Images Co-authored by Relative Value. Overview With this article, we continue our line of work, dedicated to monitoring the newly listed fixed-income securities on the exchange. This time, our focus is on Redwood Trust's ( RWT ) latest More on my IG service Trade With Beta At Trade With Beta, we discuss ideas like this as they happen in more detail. All active investors are welcome to join on a free trial and ask any question in our chat room full of sophisticated traders and investors. This article was written by Analyst's D Show less Read more
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