secwatch.observer — SEC 8-K summary
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Issuer:     Ready Capital Corp (RC)
CIK:        0001527590
Form:       8-K
Filed at:   2022-09-16T23:59:59+00:00
Accession:  0001104659-22-100899
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527590/000110465922100899/0001104659-22-100899-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527590/000110465922100899/tm2225740d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-100899

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer