debt
confidence high
sentiment neutral
materiality 0.50
Great Ajax announces final conversion rate of 1.7405 shares/$25 note ahead of April 30 maturity
Rithm Property Trust Inc.
- Convertible notes mature on April 30, 2024; final conversion rate set at 1.7405 shares per $25 principal.
- Conversion price is approximately $14.36 per share of common stock.
- Notes are 7.25% Convertible Senior Notes due 2024 (ticker: AJXA).