{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-062620","form_type":"8-K","ticker":"RC","cik":"0001527590","company_name":"Ready Capital Corp","filed_at":"2026-09-18T11:36:44+00:00","discovered_at":"2026-09-18T11:40:04.698130+00:00","generated_at":"2026-09-18T11:40:08.726838+00:00","sec_items":["2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Ready Capital prices $225M 10% notes due 2031 to fund $350M 2026 note redemption","bullets":["Priced $225.0M private placement of 10.00% Senior Secured Notes due 2031 at 99.5% of par; closing expected Sept 28, 2026.","Proceeds, plus cash, will redeem all $350.0M of 4.50% Senior Secured Notes due 2026 at 100% plus accrued interest.","Transaction cuts corporate secured debt by $125M; leaves sole 2026 maturity of $100M due Nov 2026, to repay from cash.","Represents completion of balance sheet repositioning: $2.3B cash generated, $1.7B asset financing repaid, $549M corporate debt retired.","Company shifts focus to earnings growth, deploying capital into CRE debt and SBA originations; Piper Sandler placement agent."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-062620","json":"https://secwatch.observer/filing/0001628280-26-062620.json","markdown":"https://secwatch.observer/filing/0001628280-26-062620.md","text":"https://secwatch.observer/filing/0001628280-26-062620.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1527590/000162828026062620/0001628280-26-062620-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1527590/000162828026062620/rc-20260917.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-18T11:40:08.726838+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}