Rithm Capital prices 7.6 million Series E preferred shares offering under underwriting deal
Rithm Capital Corp. entered into an underwriting agreement with Morgan Stanley & Co. LLC on September 18, 2025, to sell 7,600,000 shares of its 8.750% Series E Fixed-Rate Cumulative Redeemable Preferred Stock. The underwriters also have a 30-day option to buy up to 1,140,000 additional shares, and the offering is expected to close on September 25, 2025. The company intends to use the net proceeds for investments and general corporate purposes.
Key points
- Offering of 7,600,000 shares of 8.750% Series E Preferred Stock, with a $25.00 per share liquidation preference
- Underwriters have a 30-day option to purchase up to 1,140,000 additional shares
- Offering expected to close on September 25, 2025
- Net proceeds intended for investments and general corporate purposes
The filing
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 September 19, 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.