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- Asset manager focused on real estate, credit and financial services Rithm Capital (NYSE:RITM) said on Monday that it plans to offer $775M worth of senior unsecured notes.
- The notes are due 2029.
- A portion of the net proceeds are intended to be used for reduction of the company’s indebtedness, and the remainder will be used for general corporate purposes.
- RITM shares were trading +0.09% pre-market.
- Source: Press Release