other material
confidence high
sentiment neutral
materiality 0.70
Rithm Capital prices 30M-share common stock offering at $11.34/sh
Rithm Capital Corp.
- Sold 30,000,000 shares of common stock at $11.34 per share; underwriters have 30-day option for up to 4,500,000 additional shares.
- Underwriters include Citigroup, Goldman Sachs, J.P. Morgan, and UBS Securities.
- Net proceeds will be used for general corporate purposes.
- Offering expected to close on September 26, 2024, subject to customary conditions.