Exchange of common shares for Series B preferred stock set for 2026 at Redwood Trust

Exchange of common shares for Series B preferred stock set for 2026 at Redwood Trust
Redwood Trust unveils exchange offer

Redwood Trust (NYSE: RWT) announced plans to launch an exchange offer on November 17, 2026, allowing common stockholders to swap some or all of their shares for new Series B Participating Cumulative Redeemable Preferred Stock.

This initiative marks a potential shift in the company’s capital structure, giving investors an option to convert ordinary shares into a distinct class of preferred equity with cumulative and redeemable features.

Redwood Trust recently set a conference call for November 3 to review its third quarter financial results, according to a company announcement. The firm also published its third quarter 2026 financial results and issued an updated shareholder letter for investors, as detailed in a separate release. These updates provide context for the company’s latest move to introduce an exchange offer for its common stockholders.

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