
Rithm Capital Corp. (NYSE:RITM, &#34;Rithm&#34; or the &#34;Company&#34;)) announced today that it plans to offer $500 million aggregate principal amount of senior unsecured notes due 2031 (the &#34;notes&#34;). The Company intends to use the

<p xmlns="http://www.w3.org/1999/xhtml">
Rithm Capital Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/RITM">RITM</a>, "Rithm" or the "Company")) announced today that it plans to offer $500 million aggregate principal amount of senior unsecured notes due 2031 (the "notes"). The Company intends to use the net proceeds from this offering for general corporate purposes, which may include the repayment of certain indebtedness.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), any state securities laws or the securities laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from registration. Accordingly, the notes are being offered and sold only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act and, outside the United States, in reliance on Regulation S under the Securities Act.

</p><p xmlns="http://www.w3.org/1999/xhtml">
This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">ABOUT RITHM CAPITAL</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Rithm Capital Corp. is a global alternative asset manager with significant experience managing credit and real estate assets. Rithm's integrated platform spans asset-based finance, residential and commercial real estate lending, mortgage servicing rights, and structured credit. Through platforms including Elecor Properties, Newrez, Genesis Capital, Sculptor Capital Management, and Crestline Investors, Rithm employs a unique owner-operator model to drive value for shareholders and investors.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">FORWARD-LOOKING STATEMENTS</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">This communication contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the Company's intention to issue the notes and the intended use of proceeds of the offering. Forward-looking statements are not historical in nature and can be identified by words such as "believe," "expect," "anticipate," "estimate," "project," "plan," "continue," "intend," "should," "would," "could," "goal," "objective," "will," "may," "seek," or similar expressions or their negative forms. Forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time and are beyond our control. Forward-looking statements speak only as of the date they are made. Rithm does not assume any duty or obligation to update or supplement any forward-looking statements. Because forward-looking statements are, by their nature, uncertain and subject to numerous assumptions, risks and uncertainties, actual results or future events, circumstances or developments could differ materially from those anticipated. Factors that could cause such differences include those set forth in the section entitled "Risk Factors" in Rithm's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the SEC, available at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54533273&amp;newsitemid=20260511747277&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=1&amp;md5=c99c92c4a1520d222617d9fba5669ce0" shape="rect">www.sec.gov</a>. The list of factors is not exhaustive and additional risks may affect future results.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260511747277r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260511747277/en/" rel="nofollow">https://www.businesswire.com/news/home/20260511747277/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Investor Relations 
</i><br xmlns="http://www.w3.org/1999/xhtml"></br><i xmlns="http://www.w3.org/1999/xhtml">(212)-850-7770 
</i><br xmlns="http://www.w3.org/1999/xhtml"></br><i xmlns="http://www.w3.org/1999/xhtml"><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ir@rithmcap.com" shape="rect">ir@rithmcap.com</a></i>

</p>

RITM

Rithm Capital Corp. Announces Proposed Offering of Senior Unsecured Notes

Rithm Capital Announces $500 Million Unsecured Notes Offering for Debt Management

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Rithm Capital Corp. (NYSE:RITM, &amp;#34;Rithm&amp;#34; or the &amp;#34;Company&amp;#34;)) announced today that it plans to offer $500 million aggregate principal amount of senior unsecured notes due 2031 (the &amp;#34;notes&amp;#34;). The Company intends to use the</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Rithm Capital is planning to offer $500 million in senior unsecured notes due 2031. The proceeds aim to support general corporate purposes, including debt repayment, potentially strengthening the company&#039;s financial position and improving cash flow.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Rithm Capital plans $500 million unsecured notes offering due 2031.</li><li>Proceeds will be used for general corporate purposes, including debt repayment.</li><li>Notes are offered only to qualified institutional buyers under Rule 144A.</li><li>The offering is not registered under U.S. Securities Act regulations.</li><li>Rithm is a global alternative asset manager with diverse asset management experience.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Rithm Capital Corp. (RITM)</strong>: This offering enhances RITM&#039;s liquidity and flexibility for debt management.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This announcement falls under &#039;Corporate Developments&#039; as it involves significant financing decisions that can impact Rithm&#039;s financial health and operational capacity. The issuance of unsecured notes is a crucial factor for capital structure management.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Rithm&#039;s debt repayment could reduce interest expenses, improving net income.</li><li>Revised capital structure may enhance credit ratings and borrowing capacity.</li><li>Market response to institutional debt offerings could influence stock liquidity.</li><li>Regulatory compliance requirements may affect investor sentiment around offering.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Rithm is offering $500 million of unsecured notes due in 2031.</li><li>Proceeds will be utilized for general corporate purposes including debt repayment.</li><li>The notes are available only for qualified institutional buyers as per Rule 144A.</li><li>Rithm manages various real estate and credit assets globally.</li><li>The offering will not be registered under U.S. securities laws.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Investors may consider RITM a buy to benefit from improved balance sheet flexibility in the next 6-12 months.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
Rithm Capital Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/RITM">RITM</a>, "Rithm" or the "Company")) announced today that it plans to offer $500 million aggregate principal amount of senior unsecured notes due 2031 (the "notes"). The Company intends to use the net proceeds from this offering for general corporate purposes, which may include the repayment of certain indebtedness.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), any state securities laws or the securities laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from registration. Accordingly, the notes are being offered and sold only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act and, outside the United States, in reliance on Regulation S under the Securities Act.

</p><p xmlns="http://www.w3.org/1999/xhtml">
This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">ABOUT RITHM CAPITAL</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Rithm Capital Corp. is a global alternative asset manager with significant experience managing credit and real estate assets. Rithm's integrated platform spans asset-based finance, residential and commercial real estate lending, mortgage servicing rights, and structured credit. Through platforms including Elecor Properties, Newrez, Genesis Capital, Sculptor Capital Management, and Crestline Investors, Rithm employs a unique owner-operator model to drive value for shareholders and investors.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">FORWARD-LOOKING STATEMENTS</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">This communication contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the Company's intention to issue the notes and the intended use of proceeds of the offering. Forward-looking statements are not historical in nature and can be identified by words such as "believe," "expect," "anticipate," "estimate," "project," "plan," "continue," "intend," "should," "would," "could," "goal," "objective," "will," "may," "seek," or similar expressions or their negative forms. Forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time and are beyond our control. Forward-looking statements speak only as of the date they are made. Rithm does not assume any duty or obligation to update or supplement any forward-looking statements. Because forward-looking statements are, by their nature, uncertain and subject to numerous assumptions, risks and uncertainties, actual results or future events, circumstances or developments could differ materially from those anticipated. Factors that could cause such differences include those set forth in the section entitled "Risk Factors" in Rithm's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the SEC, available at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54533273&amp;newsitemid=20260511747277&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=1&amp;md5=c99c92c4a1520d222617d9fba5669ce0" shape="rect">www.sec.gov</a>. The list of factors is not exhaustive and additional risks may affect future results.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260511747277r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260511747277/en/" rel="nofollow">https://www.businesswire.com/news/home/20260511747277/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Investor Relations 
</i><br xmlns="http://www.w3.org/1999/xhtml"></br><i xmlns="http://www.w3.org/1999/xhtml">(212)-850-7770 
</i><br xmlns="http://www.w3.org/1999/xhtml"></br><i xmlns="http://www.w3.org/1999/xhtml"><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ir@rithmcap.com" shape="rect">ir@rithmcap.com</a></i>

</p>

Rithm Capital is planning to offer $500 million in senior unsecured notes due 2031. The proceeds aim to support general corporate purposes, including debt repayment, potentially strengthening the company's financial position and improving cash flow.

Rithm Capital Corp. Announces Proposed Offering of Senior Unsecured Notes

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News