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Chimera Investment Closes $120 Million Senior Notes Offering

BY MT Newswires | CORPORATE | 09/16/25 04:27 PM EDT

04:27 PM EDT, 09/16/2025 (MT Newswires) -- Chimera Investment (CIM/PA) closed an underwritten public offering of $120 million of 8.875% senior notes due 2030.

The proceeds include $5 million issued under an overallotment option, the company said Tuesday in a statement.

The notes will list on the New York Stock Exchange under the symbol CIMP, and trading is expected to start Thursday.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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