Ready Capital amends note indenture to loosen leverage cap and reset net asset value floor
Bitget2026/09/23 20:12- Ready Capital amended terms of its USD 100 million 7.375% Senior Notes due 2027 via a supplemental indenture dated Sept. 18, 2026.
- Changes permit a Recourse Debt to Equity Ratio up to 2.0:1.
- Minimum Consolidated Net Asset Value reset to USD 1.2 billion, adjusted upward by 75% of positive Net Equity Capital Activity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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