Company: RITM-PC
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001556593-25-000007
Chunk: 200

Company: Rithm Capital Corp.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 200
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650,000 6.8 %Total / Weighted Average$19,383,720 $18,011,137 $27,562,937 6.4 %

(A)Represents the average for the period the debt was outstanding.

Average Daily Amount Outstanding(A)Three Months EndedDecember 31, 2024September 30, 2024June 30, 2024March 31, 2024Secured Financing Agreements:Government & government-backed securities$11,101,046 $11,532,297 $11,014,369 $10,033,904 Non-Agency RMBS648,839 634,620 639,828 632,765 Residential mortgage loans and REO3,245,735 3,047,851 2,796,443 1,653,873 Residential transition loans116,553 155,477 198,942 137,866 

(A)Represents the average for the period the debt was outstanding.

98

Unsecured Notes

On March 19, 2024, the Company issued $775.0 million aggregate principal amount of its 2029 Senior Notes, with interest payable semi-annually in arrears on each of April 1st and October 1st, commencing on October 1, 2024. Net proceeds from the issuance of the 2029 Senior Notes were Proceeds from the issuance were approximately $759 million, net of discount and commissions and estimated offering expenses payable by the Company. The 2029 Senior Notes mature on April 1, 2029 and are redeemable at any time and from time to time on or after April 1, 2026, at prices ranging from 104% to 100% of the principal amount. On September 16, 2020, the Company issued $550.0 million aggregate principal amount of its 2025 Senior Notes, with interest payable semi-annually in arrears on each of April 15th and October 15th, commencing on April 15, 2021. Net proceeds from the issuance were $544.5 million, net of discount and commissions and estimated offering expenses payable by the Company. The 2025 Senior Notes mature on October 15, 2025 and became redeemable at any time and from time to time on October 15, 2022. Starting in 2024, the Company