05:08 PM EDT, 06/12/2025 (MT Newswires) -- Atrium Mortgage Investment ( AMIVF ) on Thursday it is raising $30 million in a bought-deal placement of convertible unsecured subordinated debentures.

The company is selling an underwriting syndicate 6.00% convertible unsecured subordinated debentures with a face value of $1,000 that mature in Spet.30, 2032.

The underwriters have been granted an over-allotment option of $4.5 million of the debt securities.

Atrium said proceeds will be used to pay down its revolving credit facility.

Atrium shares closed up $0.09 to $11.38 on the Toronto Stock Exchange.