| NEW YORK–(BUSINESS WIRE)– Rithm Capital Corp. (NYSE: RITM; “ Rithm Capital ” or the “ Company ”) announced today that it will redeem $50,000,000, or 2,000,000 shares, of the Company’s outstanding 6,210,000 shares of 7.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the “ Series A Shares ”) at a redemption price equal to $25.00 per Series A Share in cash, plus $0.274091 per Series A Share of accumulated and unpaid distributions thereon to, but not including, the redemption date of MARCH 28, 2025 (the “ Redemption ”). The Series A Shares trade under the ticker symbol “RITM PR A.” |
