New York Mortgage Trust, Inc. successfully completed its previously announced consent solicitation for its 5.75% Senior Notes due 2026. The company secured the necessary consents from a majority of noteholders.
This approval allows for a proposed amendment to the indenture governing the notes. The successful completion provides the company with enhanced flexibility in its financial operations.
The completion of this solicitation is a positive step in the company's ongoing efforts to prudently manage its financing and support its strategic growth. It demonstrates investor confidence in the company's financial management.
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