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AI brief of an SEC Form 8-K · Rithm Capital (RITM)

Rithm Capital closes $500 million 8.000% senior notes due 2030 offering

Neutral Impact 3 of 5 financing Written later

Rithm Capital Corp. closed a private offering of $500 million of 8.000% senior unsecured notes due July 15, 2030, under an indenture dated June 20, 2025. The company plans to use part of the proceeds to redeem its outstanding 6.250% notes due 2025, with the rest for general corporate purposes, which may include repaying other debt. The added debt increases the company's borrowing, while the redemption refinances existing notes.

Key points

  • $500 million principal amount of 8.000% senior unsecured notes due July 15, 2030, closed June 20, 2025
  • Interest paid semi-annually from January 15, 2026; notes are not guaranteed initially by any subsidiaries
  • Indenture requires Total Unencumbered Assets of at least 120% of unsecured indebtedness; repurchase at 101% upon a Change of Control
  • Proceeds partly used to redeem 6.250% 2025 Notes on July 2, 2025 at 100% of principal plus accrued interest

The filing

CompanyRithm Capital (RITM)
Form8-K, current report
Filed with the SECJun 20, 2025, 4:05 PM ET
Accession number0001140361-25-023164

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 20, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.