---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-063212"
form_type: "8-K"
ticker: "RC"
cik: "0001527590"
company_name: "Ready Capital Corp"
filed_at: "2026-09-23T20:11:20+00:00"
generated_at: "2026-09-23T20:13:14.409717+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-26-063212
- form_type: 8-K
- ticker: RC
- cik: 0001527590
- company_name: Ready Capital Corp
- filed_at: 2026-09-23T20:11:20+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527590/000162828026063212/0001628280-26-063212-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527590/000162828026063212/rc-20260918.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-063212
- JSON: https://secwatch.observer/filing/0001628280-26-063212.json
- Plain text: https://secwatch.observer/filing/0001628280-26-063212.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.