03:30 AM EDT, 08/08/2025 (MT Newswires) -- PennyMac Financial Services ( PFSI ) said late Thursday it priced its $650 million offering of 6.75% senior notes due Feb. 15, 2034.

The company said it will pay interest semi-annually starting Feb. 15, 2026.

Proceeds from the offering, expected to close on Aug. 12, will be used to repay borrowings under its MSR facility, other secured debt, and for general corporate purposes, the company said.