Ready Capital Corp 8-K

What Happened

• Ready Capital Corporation announced on March 23, 2026 that it issued a notice of redemption to redeem all of its outstanding 6.20% Senior Notes due 2026.
• The company will redeem the notes on April 22, 2026 for a redemption price equal to 100% of principal plus accrued and unpaid interest to, but excluding, the Redemption Date. Payment will be made with available cash. The Trustee under the Indenture is U.S. Bank Trust Company, N.A.

Key Details

• Security: 6.20% Senior Notes due 2026.
• Redemption notice issued: March 23, 2026.
• Redemption date: April 22, 2026.
• Redemption price: 100% of principal plus accrued and unpaid interest; payment from available cash.

Why It Matters

• Holders of the notes will receive full principal and accrued interest on the Redemption Date and will no longer hold those obligations.
• For Ready Capital, redeeming the notes will retire this particular debt issuance and reduce outstanding interest-bearing liabilities, paid from the company’s cash on hand.
• The filing includes the company’s customary forward-looking statement caution; the Form 8-K itself notes it does not constitute the formal notice of redemption.