Ready Capital amends 7.375% notes indenture; raises leverage cap to 2.0x

Ready Capital Corp

First Supplement to Eighth Supplemental Indenture dated Sept 18, 2026, with U.S. Bank Trust as trustee.
Permits Recourse Debt to Equity Ratio up to 2.0 to 1.0, amended from prior covenant.
Sets minimum Consolidated Net Asset Value at $1.2B plus 75% of Net Equity Capital Activity, measured quarterly.
Amendment approved by holders of majority of outstanding 7.375% Senior Notes due 2027.

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