---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-127179"
form_type: "8-K"
ticker: "RC"
cik: "0001527590"
company_name: "Ready Capital Corp"
filed_at: "2024-12-10T23:59:59+00:00"
generated_at: "2026-05-29T05:09:36.624735+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Ready Capital closes $130M 9% senior notes due 2029; NYSE symbol RCD

## Summary
- Issued $130M aggregate principal of 9.00% Senior Notes due 2029, including $15M over-allotment.
- Net proceeds of $125.4M after discounts and expenses; issue price $25 per Note.
- Interest payable quarterly; notes mature December 15, 2029; no redemption before Dec 15, 2026.
- Proceeds to be used to originate/acquire target assets, for general corporate purposes, or to reduce repurchase borrowings.
- Listed on NYSE under symbol "RCD"; trading expected within 30 days.

## SEC filing metadata
- accession: 0001104659-24-127179
- form_type: 8-K
- ticker: RC
- cik: 0001527590
- company_name: Ready Capital Corp
- filed_at: 2024-12-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527590/000110465924127179/0001104659-24-127179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527590/000110465924127179/tm2430643d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-127179
- JSON: https://secwatch.observer/filing/0001104659-24-127179.json
- Plain text: https://secwatch.observer/filing/0001104659-24-127179.txt

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