Ellington Credit Company has entered into an indenture agreement for a public offering of $50 million aggregate principal amount of its 8.50% Notes due 2031. The offering includes an option for underwriters to purchase an additional $7.5 million of notes within 30 days of the offering date. The notes are expected to be listed on the New York Stock Exchange under the trading symbol 'ELLA', with trading anticipated to commence within 30 days of the issue date. The notes will mature on March 30, 2031, and will be general unsecured obligations of the company, ranking senior to future subordinated indebtedness. Interest payments will be made quarterly, starting June 30, 2026. The offering is part of the company's strategy to enhance its capital structure and provide liquidity for future investments.

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