Elis and Redwood Trust announce major corporate debt actions

Elis SA has announced the early redemption of its €380,000,000 in 2.25% convertible bonds, originally due in 2029. The redemption is scheduled for 13 October 2026. Unless bondholders exercise their conversion or exchange rights, the company will redeem the bonds in cash at a price of €100,129.45 per bond, which includes the par value and accrued interest.

Separately, Redwood Trust, Inc. has increased the size of its private offering of 7.00% convertible senior notes due 2030. The aggregate principal amount has risen from $150,000,000 to $185,000,000. The company intends to use the proceeds to refinance a portion of its 2027 convertibles and to repurchase stock. The offering is expected to close on 15 September 2026.