Ready Capital prices USD 225 million senior secured notes due 2031 in private placement

Ready Capital priced a private placement of USD 225 million 10% Senior Secured Notes due 2031 at 99.5. Closing expected Sept. 28, 2026. * Proceeds, with cash, earmarked to redeem USD 350 million 4.5% Senior Secured Notes due 2026 at par. Transaction cuts corporate secured debt by USD 125 million. * Only remaining 2026 corporate debt maturity is USD 100 million due November, expected to be repaid from cash. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ready Capital Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-062620), on September 18, 2026, and is solely responsible for the information contained therein. (C)