Ready Capital redeems $350 million senior secured notes due 2026

RC•2026-09-28

Ready Capital redeemed $350 million of 4.50% senior secured notes due 2026 at par, plus accrued and unpaid interest. It closed a private placement of $225 million of 10.00% senior secured notes due 2031 on Sept. 28, 2026.

1. Notes redeemed

Ready Capital's indirect subsidiary redeemed $350 million of 4.50% senior secured notes due 2026 at 100% of principal, plus accrued and unpaid interest. The company also closed a private placement of $225 million of 10.00% senior secured notes due 2031 on Sept. 28, 2026.

Sources

Ready Capital redeems $350 million senior secured notes due 2026

Sec

Ready Capital redeems $350 million senior secured notes due 2026

1. Notes redeemed

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Ready Capital redeems $350 million senior secured notes due 2026

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