Business News • MarketWire • Resource Capital Corp. Announces Pricing of 8.00% Convertible Senior Notes Due 2020 |
Resource Capital Corp. Announces Pricing of 8.00% Convertible Senior Notes Due 2020 |
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Resource Capital Corp. Announces Pricing of 8.00% Convertible Senior Notes Due 2020
NEW YORK, NY--(Marketwired - Jan 7, 2015) - Resource Capital Corp. (NYSE: RSO) (the "Company") today announced that it priced $100.0 million aggregate principal amount of its 8.00% convertible senior notes due 2020 (the "Notes") in an underwritten public offering. The Company granted the underwriters a 30-day option to purchase up to an additional $15.0 million aggregate principal amount of the Notes in connection with the offering solely to cover over-allotments. The Notes will be senior unsecured obligations of the Company. The offering is expected to close on January 13, 2015, subject to the satisfaction of certain customary closing conditions.
View More : http://www.marketwired.com/mw/release.do?id=1981224&sourceType=3
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