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