• Ready Capital priced a USD 225 million private placement of 10% Senior Secured Notes due 2031 at 99.5.
• Proceeds, combined with cash, earmarked to redeem USD 350 million of 4.5% Senior Secured Notes due 2026.
• Redemption set at 100% of principal, with accrued and unpaid interest.
• Transaction cuts corporate secured debt outstanding by USD 125 million.
• Only remaining 2026 corporate debt maturity is USD 100 million due November 2026, 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 GlobeNewswire (Ref. ID: 202609180730PRIMZONEFULLFEED9829369) on September 18, 2026, and is solely responsible for the information contained therein.