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Adamas Trust Raises $90 Million Through Senior Notes

Story Highlights
  • Adamas Trust issued $90 million of 9.250% senior unsecured notes due 2031 on January 13, 2026.
  • The offering raises about $86.6 million for general corporate purposes, including acquisitions and debt repayment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Adamas Trust Raises $90 Million Through Senior Notes

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An announcement from Adamas Trust ( (ADAM) ) is now available.

On January 13, 2026, Adamas Trust, Inc. completed a public issuance and sale of $90 million aggregate principal amount of 9.250% Senior Notes due 2031, issued at par and structured as senior unsecured obligations ranking pari passu with its existing senior notes and effectively and structurally subordinated to certain secured and subsidiary-level liabilities. The notes, which pay cash interest quarterly starting April 1, 2026 and may be redeemed at par on or after April 1, 2028, generated expected net proceeds of approximately $86.6 million that the company plans to use for general corporate purposes, including potential asset acquisitions and/or repayment of existing debt, reinforcing its funding base and extending the maturity profile of its capital structure while providing investors with higher-yield fixed-income exposure to the issuer.

The most recent analyst rating on (ADAM) stock is a Hold with a $8.00 price target. To see the full list of analyst forecasts on Adamas Trust stock, see the ADAM Stock Forecast page.

Spark’s Take on ADAM Stock

According to Spark, TipRanks’ AI Analyst, ADAM is a Neutral.

Adamas Trust’s overall stock score is driven by strong earnings growth and strategic investments, as highlighted in the earnings call. However, high leverage and modest financial performance weigh down the score. The attractive dividend yield provides a positive offset to valuation concerns.

To see Spark’s full report on ADAM stock, click here.

More about Adamas Trust

Average Trading Volume: 650,933

Technical Sentiment Signal: Buy

Current Market Cap: $700.8M

For an in-depth examination of ADAM stock, go to TipRanks’ Overview page.

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