08:38 AM EDT, 09/29/2025 (MT Newswires) -- Ellington Financial ( EFC ) said Monday that it plans to offer $400 million in aggregate principal amount of senior unsecured notes due 2030 through certain of its units.

The company said it will fully and unconditionally guarantee the notes.

Ellington said it expects to use the net proceeds for general corporate purposes, such as repaying a portion of the borrowings under its outstanding repurchase agreements and funding future asset purchases.