debt
confidence high
sentiment positive
materiality 0.70
Rithm Capital to issue 7.6M shares of 8.750% Series E Preferred Stock
Rithm Capital Corp.
- Issuing 7,600,000 shares of 8.750% Series E Fixed-Rate Cumulative Redeemable Preferred Stock at $25.00 liquidation preference.
- Underwriters granted 30-day option to purchase up to an additional 1,140,000 shares.
- Expected to close September 25, 2025; net proceeds for investments and general corporate purposes.
- Morgan Stanley & Co. LLC acts as representative of the underwriters.
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