Velocity Financial announces issuance of $75M of senior secured notes [Seeking Alpha]
Velocity Financial, Inc. (VEL)
Company Research
Source: Seeking Alpha
According to VEL, the notes will bear interest at 9.875% per annum and will mature on February 15, 2029. Interest on the notes will be payable semi-annually on May 15 and November 15 of each year, beginning on May 15, 2024, VEL added. The company plans to use the proceeds to originate new investments and for general corporate and other working capital purposes. Recommended For You VEL - Velocity Financial, Inc. Recommended For You About VEL Stock Related Stocks Trending Analysis Trending News
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VEL
News
- Velocity Financial, Inc. Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Velocity Financial, Inc. Reports First Quarter 2024 ResultsBusiness Wire
- Velocity Financial, Inc. Announces Date of First Quarter 2024 Financial Results Webcast and Conference CallBusiness Wire
- Surging Earnings Estimates Signal Upside for Velocity Financial (VEL) Stock [Yahoo! Finance]Yahoo! Finance
- Best Momentum Stock to Buy for March 19th [Yahoo! Finance]Yahoo! Finance
VEL
Earnings
- 5/2/24 - Beat
VEL
Sec Filings
- 5/2/24 - Form S-3
- 3/27/24 - Form ARS
- 3/27/24 - Form DEFA14A
- VEL's page on the SEC website