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Rithm Capital Corp. Announces Pricing of Public Offering of Preferred Stock
Rithm Capital Rithm Capital (US:RITM) Businesswireยท2025-09-18 22:40

Core Viewpoint - Rithm Capital Corp. has announced a public offering of 7,600,000 shares of its 8.75% Series E Fixed-Rate Cumulative Redeemable Preferred Stock, aiming for gross proceeds of approximately $190 million before expenses [1]. Summary by Relevant Sections - Offering Details - The offering consists of 7,600,000 shares of Preferred Stock with a liquidation preference of $25.00 per share [1]. - The gross proceeds from the offering are expected to be around $190 million, excluding underwriting discounts and other estimated expenses [1]. - Listing Intentions - The Company plans to apply for the listing of the Preferred Stock on a stock exchange [1].