Great Ajax Operating Partnership LP, founded in 2014 and headquartered in Lake Oswego, Oregon, is a real estate investment trust that primarily focuses on acquiring, owning, and managing a portfolio of mortgage loans and real estate properties. The company aims to generate attractive risk-adjusted returns for its investors through its specialized expertise in the U.S. residential mortgage market.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| AJX 8.88% 2027-09-01 USDGreat Ajax Operating Partnership LP | United States | 2027-09-01 | 8.875 | 9.95 |
| AJX 8.88% 2027-09-01 USDGreat Ajax Operating Partnership LP | United States | 2027-09-01 | 8.875 | 9.95 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Great Ajax has a history of bond issuances, first entering the market in 2015 as part of its capital-raising strategies. Notably, the company issued $70 million in senior notes in 2017, which provided significant liquidity for its acquisitions. As of late 2023, its bond offerings feature competitive yields compared to industry averages, making them appealing options for retail investors. In particular, Great Ajax has utilized unique features in some of its bonds, such as call options, which enhance their attractiveness amidst changing market conditions.