---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-095135"
form_type: "8-K"
ticker: "RPT"
cik: "0001614806"
company_name: "Rithm Property Trust Inc."
filed_at: "2022-08-26T23:59:59+00:00"
generated_at: "2026-06-23T21:02:13.126207+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Great Ajax subsidiary closes $110M private offering of 8.875% senior notes due 2027

## Summary
- $110M aggregate principal, 8.875% coupon, maturity Sept 1, 2027.
- Notes issued by OP subsidiary, fully guaranteed by Great Ajax and two subs.
- Proceeds to buy back preferred stock (7.25% Series A & 5% Series B) at discount plus warrants.
- Senior unsecured, rank equally with other senior debt, effectively subordinated to secured debt.
- Not redeemable before Sept 1, 2024; thereafter callable at 100% plus applicable premium.

## SEC filing metadata
- accession: 0001104659-22-095135
- form_type: 8-K
- ticker: RPT
- cik: 0001614806
- company_name: Rithm Property Trust Inc.
- filed_at: 2022-08-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1614806/000110465922095135/0001104659-22-095135-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1614806/000110465922095135/tm2224664d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-095135
- JSON: https://secwatch.observer/filing/0001104659-22-095135.json
- Plain text: https://secwatch.observer/filing/0001104659-22-095135.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.