Rithm Capital Corp. Launches Public Offering of Preferred Stock

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM; "Rithm†or the "Company†) announces that it has launched an opportunistic underwritten public offering of Series E Fixed-Rate Cumulative Redeemable Preferred Stock (the "Preferred Stock†), subject to market conditions. The terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters. The Company intends to apply to list the Preferred Stock on the New York Stock Exchange under the symbol "RI. ...