Rithm Capital (RITM) said Monday it plans to raise $500 million through a proposed offering of senior unsecured notes due 2031.
Proceeds from the offering are expected to be used for general corporate purposes, including the potential repayment of existing debt, the company said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.