NEW YORK, Sept. 18, 2026 (GLOBE NEWSWIRE) -- Ready Capital Corporation ("Ready Capital" or the "Company") (NYSE: RC) today announced that its subsidiary, ReadyCap Holdings II, LLC (the "Issuer"), has priced a private placement of $225.0 million in aggregate principal amount of 10.00% Senior Secured Notes due 2031 (the "New Notes"). Additionally, ReadyCap Holdings, LLC ("RCH"), a subsidiary of the Company, issued a notice of redemption for the entire $350.0 million outstanding aggregate principal amount of the 4.50% Senior Secured Notes due 2026 (the "Existing Notes").
