Ready Capital Corporation 5.5% 30-DEC-2028Ready Capital Corporation 5.5% 30-DEC-2028Ready Capital Corporation 5.5% 30-DEC-2028

Ready Capital Corporation 5.5% 30-DEC-2028

No trades
See on Supercharts

Key terms


Outstanding amount
‪110.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.50% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
9.53%
Maturity date
Dec 30, 2028
Term to maturity
4 years

About Ready Capital Corporation 5.5% 30-DEC-2028


Sector
Finance
Industry
Real Estate Investment Trusts
Issue date
Dec 21, 2021
FIGI
BBG0145J7GX4
Ready Capital Corp. is a real estate finance company, which engages in acquiring, managing, and financing small balance commercial loans. It operates through the following segments: SBC Lending and Acquisitions, Small Business Lending, and Residential Mortgage Banking. The SBC Lending and Acquisitions segment is involved in the SBC loans across the full life-cycle of an SBC property including construction, bridge, stabilized, and agency loan origination channels through wholly-owned subsidiary, ReadyCap Commercial, LLC. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program through wholly-owned subsidiary, ReadyCap Lending, LLC. The Residential Mortgage Banking segment focuses on the residential mortgage loan origination segment through wholly-owned subsidiary, GMFS, LLC. The company was founded in November 2011 and is headquartered in New York, NY.
Advanced bond data for paid plans
Unlock important bond data including coupon rates, redemption details, risk assessments, and much more.