Ready Capital Investor Presentation Deck
Fourth Quarter Strategic Highlights
Completed the securitization of $860.1 million of floating rate SBC loans and sold
$656.9 million of senior bonds with a weighted average cost of debt of SOFR +
3.0%.
The Company acquired approximately 3.6 million shares of the Company's
common stock at an average price of $10.34.
In February, the Company completed the securitization of $586.0 million of
floating rate SBC loans and sold $483.5 million of senior bonds with weighted
average cost of debt of SOFR + 2.9%.
In February, the Company entered into a definitive merger agreement with
Broadmark Realty Capital Inc., which is expected to give the Company a pro
forma equity capital base of $2.8 billion upon completion of the merger.
READY CAPITAL.
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