Global Stock News

Ready Capital Corporation Announces Pricing of Public Offering of Preferred Stock

Article feature image

Ready Capital Corporation Announces Pricing of Public Offering of Preferred Stock

NEW YORK, June 3, 2021 /PRNewswire/ — Ready Capital Corporation (NYSE: RC) (“Ready Capital” or the “Company”) today announced that it priced an underwritten public offering of 4,000,000 shares of its 6.50% Series E Cumulative Redeemable Preferred Stock (the “Preferred Stock”) at a public offering price of $25.00 per share.  The Company also granted a 30-day over-allotment option to purchase up to an additional 600,000 shares of the Preferred Stock at the public offering price, less underwriting…

Click here to view the original article.

Share this article

Scroll to Top