Rithm Capital Corporation is a publicly traded company established in 2021 and headquartered in New York City, primarily focused on investing in and managing real estate-related assets. The company specializes in mortgage financing and offers a diverse range of investment services, including real estate investment trusts (REITs) and structured finance solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NRZ 6.25% 2025-10-15 USDRithm Capital Corporation | United States | 2025-10-15 | 6.250 | 5.28 |
| NRZ 6.25% 2025-10-15 USDRithm Capital Corporation | United States | 2025-10-15 | 6.250 | 5.28 |
| NRZ 8.00% 2029-04-01 USDRithm Capital Corporation | United States | 2029-04-01 | 8.000 | 7.06 |
| NRZ 8.00% 2029-04-01 USDRithm Capital Corporation | United States | 2029-04-01 | 8.000 | 7.07 |
| NRZ 8.00% 2030-07-15 USDRithm Capital Corporation | United States | 2030-07-15 | 8.000 | 7.25 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Rithm Capital has been active in the bond market, issuing its first bonds in 2022 to fund its strategic acquisitions in the real estate sector. Notably, in early 2023, the company issued a $200 million bond offering that garnered significant interest due to its competitive yield of 6%, which surpassed the average yield in the industry by 50 basis points. The bonds come with unique features, including a call option that allows early redemption after five years, reflecting the company’s proactive approach in managing debt and optimizing its capital structure.