Two Harbors Investments Corp 9.375% Senior Notes due 2030 (TWOD)

TWO (Two Harbors Investment Corp.), a wholly-owned subsidiary of CrossCountry Mortgage, LLC, today announced that, in connection with the recently completed merger of TWO and CrossCountry Mortgage, LLC, CrossCountry Intermediate HoldCo, LLC (the “Offeror”) has commenced an offer to repurchase (the “Offer”) all of TWO’s $115.0 million of outstanding 9.375% Senior Notes due 2030 (NYSE: TWOD) (the “Notes”). This offer is being made pursuant to the terms of the indenture that governs the Notes. The cash purchase price (the “Purchase Price”) for each Note is $26.3841 (104% of the $25.00 principal amount, plus accrued and unpaid interest, if any, to, but excluding, the repurchase date of October 14, 2026 (the “Offer Repurchase Date”)). The aggregate consideration for the Offer is expected to be approximately $121.4 million. The offer will expire at 5:00 p.m., New York City time, on October 13, 2026.