Ready Capital issues $20M of 7.375% Senior Notes due 2027; total now $100M

Ready Capital Corp

Issued $20M aggregate principal amount of 7.375% Senior Notes due 2027 on Sep 16, 2022.
Net proceeds of ~$19.3M after expenses; total outstanding notes now $100M.
Proceeds to be used to originate/acquire target assets and for general corporate purposes.
Notes issued at $975 per $1,000 principal plus accrued interest of $10.44792 per $1,000.

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