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Rithm Capital Plans To Offer $500M Aggregate Principal Amount Of Senior Unsecured Notes Due 2030

Benzinga·06/16/2025 11:32:26
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Rithm Capital Corp. (NYSE:RITM, "Rithm" or the "Company"))) announced today that it plans to offer $500 million aggregate principal amount of senior unsecured notes due 2030 (the "notes"). The Company intends to use a portion of the net proceeds from this offering to redeem the outstanding 6.250% senior unsecured notes due 2025 (the "2025 Notes"), with the remainder of the net proceeds to be used for general corporate purposes, which may include the repayment of other indebtedness. This press release does not constitute a notice of redemption with respect to the 2025 Notes.