Rithm Capital Prices $500M Senior Unsecured Notes at 8.500% Interest
RITM sits 15% above its 52-week low of $8.43.
Summary
Rithm Capital Corp. announced the pricing of its $500 million senior unsecured notes offering at an 8.500% interest rate, with closing expected on May 14, 2026.
Key Events · Financing and Capital Events · RITM
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Pricing of Senior Unsecured Notes
Rithm Capital Corp. priced a private offering of $500 million aggregate principal amount of senior unsecured notes.
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Interest Rate Set
The notes will bear an interest rate of 8.500% and are due in 2031.
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Expected Closing Date
The offering is expected to close on May 14, 2026, subject to customary closing conditions.
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Use of Proceeds
Net proceeds from the offering are intended for general corporate purposes, which may include the repayment of certain indebtedness.
Analysis · RITM · Real Estate & Construction
This filing finalizes the terms of the previously announced $500 million private offering of senior unsecured notes. While securing significant capital for general corporate purposes and debt repayment, the 8.500% interest rate represents a substantial cost of capital for the company. This debt issuance will impact the company's balance sheet and future interest expenses.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 36.9% of the 964 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.65%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, RITM was trading at $9.70 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $5.4B. The 52-week trading range was $8.43 to $12.74. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.