debt
confidence high
sentiment neutral
materiality 0.55
Ladder Capital completes $500M senior notes offering at 5.500% due 2030
Ladder Capital Corp
- Issued $500M aggregate principal of 5.500% Senior Notes maturing August 1, 2030.
- Interest semi-annual at 5.500% beginning February 1, 2026.
- Notes are senior unsecured; fully guaranteed by Ladder Capital Corp.
- Covenants limit additional debt, require unencumbered asset ratio, restrict mergers.
- Issuers may redeem notes at their option at specified redemption prices.
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