Articles from Rithm Capital Corp.

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) today announced the tax treatment of its common and preferred stock dividends deemed taxable in 2024.

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital,” “Rithm” or the “Company”) announced today that it will release its fourth quarter and full year 2024 financial results for the period ended December 31, 2024 on Thursday, February 6, 2025 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Thursday, February 6, 2025 at 8:00 A.M. Eastern Time.

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that its Board of Directors (the “Board”) has declared fourth quarter 2024 common and preferred stock dividends.

Rithm Capital Corp. (NYSE: RITM, “Rithm Capital” or “Rithm”), a leading sponsor of structured MSR-backed capital market notes, today announced it has successfully closed NZES 2024-FNT1, a $461 million securitized financing note backed by mortgage servicing rights (“MSRs”).

Rithm Capital Corp. (NYSE: RITM; “Rithm Capital,” “Rithm” or the “Company”) today reported the following information for the third quarter ended September 30, 2024:

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that the Board of Directors of the Company (the “Board”) has elected Ranjit Kripalani and William Addas as independent members of the Board, each effective as of November 1, 2024.

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital,” “Rithm” or the “Company”) announced today that it will release its third quarter 2024 financial results for the period ended September 30, 2024 on Tuesday, October 29, 2024 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Tuesday, October 29, 2024 at 8:00 A.M. Eastern Time.

Please replace the release dated September 20, 2024 with the following corrected version due to revisions to the Series A and Series B Cumulative Redeemable Preferred Stock dividend amounts.

Genesis Capital LLC (“Genesis”), a Rithm Capital (NYSERITM) company and a leading business purpose lender providing innovative financing solutions to professional real estate developers for new acquisition, renovation, ground-up construction, and long-term rental hold projects across the residential spectrum, today announced it has successfully closed NRMLT 2024-RTL2, a $450 million rated securitization backed by residential transitional loans (“RTLs”).

Rithm Capital Corp. (NYSE: RITM; “Rithm” or the “Company”) announced today that it priced its underwritten public offering of 30,000,000 shares of its common stock for gross proceeds of approximately $342.9 million, before deducting estimated underwriting discounts and commissions and estimated offering expenses. In connection with the offering, the Company has granted the underwriters an option for a period of 30 days to purchase up to an additional 4,500,000 shares of common stock. The underwriters may offer the shares from time to time for sale in negotiated transactions or otherwise, at market prices prevailing at the time of sale, at prices related to such prevailing market prices or at negotiated prices. The offering is expected to close on September 26, 2024, subject to customary closing conditions. The Company intends to use the net proceeds from this offering for general corporate purposes.

Rithm Capital Corp. (NYSE: RITM; “Rithm” or the “Company”) announced today the commencement of a public offering of 30,000,000 shares of its common stock, subject to market conditions. In connection with the offering, the Company expects to grant the underwriters an option for a period of 30 days to purchase up to an additional 4,500,000 shares of common stock. The Company intends to use the net proceeds from this offering for general corporate purposes. The underwriters may offer the shares from time to time for sale in negotiated transactions or otherwise, at market prices prevailing at the time of sale, at prices related to such prevailing market prices or at negotiated prices.

Rithm Capital Corp. (NYSE: RITM; “Rithm Capital,” “Rithm” or the “Company”) today reported the following information for the second quarter ended June 30, 2024:

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital,” “Rithm” or the “Company”) announced today that it will release its second quarter 2024 financial results for the period ended June 30, 2024 on Wednesday, July 31, 2024 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Wednesday, July 31, 2024 at 8:00 A.M. Eastern Time.

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that its Board of Directors (the “Board”) has declared second quarter 2024 common and preferred stock dividends.

Rithm Capital Corp. (NYSE: RITM; “Rithm Capital,” “Rithm” or the “Company”) today reported the following information for the first quarter ended March 31, 2024:

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital,” “Rithm” or the “Company”) announced today that it will release its first quarter 2024 financial results for the period ended March 31, 2024 on Tuesday, April 30, 2024 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Tuesday, April 30, 2024 at 8:00 A.M. Eastern Time.

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that its Board of Directors (the “Board”) has declared first quarter 2024 common and preferred stock dividends.

Rithm Capital Corp. (NYSE: RITM; “Rithm”) announced today the early tender results of the previously announced cash tender offer (the “Tender Offer”) to purchase up to $275 million aggregate principal amount (the “Tender Cap”) of Rithm’s outstanding 6.250% Senior Unsecured Notes due 2025 (the “2025 Notes”), on the terms and subject to the conditions set forth in the Offer to Purchase, dated March 4, 2024, as amended (the “Offer to Purchase”).

Rithm Capital Corp. (NYSE: RITM; “Rithm” or the “Company”) announced today that it has priced its previously announced offering of $775 million aggregate principal amount of 8.000% senior unsecured notes due 2029 (the “notes”). The Company intends to use a portion of the net proceeds from this offering for the reduction of indebtedness, including in connection with the Company’s tender offer for up to $275 million aggregate principal amount of its 6.250% senior unsecured notes due 2025, with the remainder of the net proceeds to be used for general corporate purposes. The notes will not have any registration rights.

Rithm Capital Corp. (NYSE: RITM; “Rithm” or the “Company”) announced today that it plans to offer $775 million aggregate principal amount of senior unsecured notes due 2029 (the “notes”). The Company intends to use a portion of the net proceeds from this offering for the reduction of indebtedness, including in connection with the Company’s tender offer for up to $275 million aggregate principal amount of its 6.250% senior unsecured notes due 2025, with the remainder of the net proceeds to be used for general corporate purposes.

Rithm Capital Corp. (NYSE: RITM; “Rithm”) announced today that it has commenced a cash tender offer (the “Tender Offer”) for up to $275 million of Rithm’s $550 million in aggregate principal amount of outstanding 6.250% Senior Unsecured Notes due 2025 (the “2025 Notes”), on the terms and subject to the conditions set forth in Rithm’s Offer to Purchase dated March 4, 2024.

Rithm Capital Corp. (NYSE: RITM; “Rithm Capital” or the “Company”) today reported the following information for the fourth quarter ended and full year ended December 31, 2023:

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that it will release its fourth quarter and full year 2023 financial results for the period ended December 31, 2023 on Wednesday, February 7, 2024 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Wednesday, February 7, 2024 at 8:00 A.M. Eastern Time.

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) today announced the tax treatment of its common and preferred stock dividends deemed taxable in 2023.

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that its Board of Directors (the “Board”) has declared fourth quarter 2023 common and preferred stock dividends.

Rithm Capital Corp. (NYSE: RITM; “Rithm”) today completed its previously announced acquisition of Sculptor Capital Management Inc. (“Sculptor”) for $12.70 per Class A share in a transaction valued at approximately $719.8 million. In connection with the completion of the transaction, Sculptor's common stock will cease trading on the New York Stock Exchange and will be delisted.

Rithm Capital Corp. (NYSE: RITM; “Rithm”) and Sculptor Capital Management Inc. (NYSE: SCU; “Sculptor”) today announced they have amended the terms of their previously announced definitive merger agreement (the “Amended Agreement”), pursuant to which Rithm will acquire Sculptor. Under the Amended Agreement, which has been unanimously approved by the boards of directors of both companies, Sculptor Class A shareholders will receive $12.70 per share (the “Transaction”), representing an increase of 13.9% over Rithm’s original bid of $11.15 per share announced on July 24, 2023, and an aggregate transaction value of approximately $719.8 million. The Transaction represents a premium of 49.4% over the unaffected November 17, 2022, closing Class A share price of $8.50.

Rithm Capital Corp. (NYSE: RITM; “Rithm Capital” or the “Company”) today reported the following information for the third quarter ended September 30, 2023:

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that it will release its third quarter 2023 financial results for the period ended September 30, 2023 on Thursday, October 26, 2023 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Thursday, October 26, 2023 at 8:00 A.M. Eastern Time.

Rithm Capital Corp. (NYSERITM) (“Rithm Capital”), an asset manager focused on the real estate and financial services industries, today announced it has entered into a definitive agreement with Computershare Limited (ASX: CPU) (“Computershare”) to acquire Computershare Mortgage Services Inc. and certain affiliated companies, including Specialized Loan Servicing LLC (“SLS”), for a purchase price of approximately $720 million.

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that its Board of Directors (the “Board”) has declared third quarter 2023 common and preferred stock dividends.

Rithm Capital Corp. (NYSE: RITM; “Rithm Capital” or the “Company”) today reported the following information for the second quarter ended June 30, 2023:

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that it will release its second quarter 2023 financial results for the period ended June 30, 2023 on Wednesday, August 2, 2023 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Wednesday, August 2, 2023 at 8:00 A.M. Eastern Time.

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”), an asset manager focused on the real estate and financial services industry, has announced the purchase of $1.4bn of prime unsecured consumer loans from The Goldman Sachs Group, Inc. (NYSE: GS or “Goldman Sachs”), a leading global financial institution. The portfolio was originated and serviced by Goldman Sachs through the Marcus program.

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that its Board of Directors (the “Board”) has declared second quarter 2023 common and preferred stock dividends.

Rithm Capital Corp. (NYSE: RITM, “Rithm Capital” or the “Company”), an asset manager focused on the real estate and financial services industries, announced today its celebration of 10 years as a publicly traded company.

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that Satish Mansukhani has joined the company as Managing Director in Investment Strategy. In his role, Mr. Mansukhani will lead in-house research, strategic positioning and cover new emerging opportunities within Rithm’s investment portfolio and operating platforms.

Rithm Capital Corp. (NYSE: RITM; “Rithm Capital” or the “Company”) today reported the following information for the first quarter ended March 31, 2023:

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that it will release its first quarter 2023 financial results for the period ended March 31, 2023 on Thursday, May 4, 2023 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Thursday, May 4, 2023 at 8:00 A.M. Eastern Time.

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”), a New York-based asset manager focused on real estate and financial services companies and assets, announced today that it will be expanding its business into Europe (“Rithm Europe“) and opening a new office in London, England. Rithm Europe will be led by recently hired Marty Migliara, the former long-standing head of EMEA origination and lending in Bank of America’s global mortgages and securitized products team. Rithm Europe will seek equity and debt investments across the real estate and consumer finance sectors in the region, sourcing opportunities for both private funds and Rithm Capital’s ~$32 billion balance sheet.

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that its Board of Directors (the “Board”) has declared first quarter 2023 common and preferred stock dividends.

Rithm Capital Corp. (NYSE: RITM; “Rithm Capital” or the “Company”) today reported the following information for the fourth quarter ended and full year ended December 31, 2022:

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) today announced the tax treatment of its 2022 common and preferred stock dividend distributions.

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that it will release its fourth quarter and full year 2022 financial results for the period ended December 31, 2022 on Wednesday, February 8, 2023 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Wednesday, February 8, 2023 at 8:00 A.M. Eastern Time.

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that Kenneth (Ken) Bruce has joined the company as Managing Director; Investor Relations. In his role, Mr. Bruce will lead the team responsible for cultivating and maintaining relationships with investors, discussing strategy, financial performance and Rithm’s long-term value proposition.

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that the Board of Directors of the Company (the “Board”) has elected Peggy Hwan Hebard as an independent member of the Board, effective as of January 1, 2023.

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that its Board of Directors (the “Board”) has declared fourth quarter 2022 common and preferred stock dividends.

Rithm Capital Corp. (NYSE: RITM; “Rithm Capital” or the “Company”) today reported the following information for the third quarter ended September 30, 2022:

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that it will release its third quarter 2022 financial results for the period ended September 30, 2022 on Wednesday, November 2, 2022 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Wednesday, November 2, 2022 at 8:00 A.M. Eastern Time.

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that its Board of Directors (the “Board”) has declared third quarter 2022 common and preferred stock dividends.

Rithm Capital Corp. (NYSE: RITM; “Rithm Capital” or the “Company”) and the Company’s President, CEO and Chairman Michael Nierenberg rang the opening bell today at the New York Stock Exchange in celebration of Rithm Capital’s recent rebrand, ticker symbol change, and internalization of management. The bell ringing event symbolizes a new chapter in the Company’s evolution as Rithm Capital reinforces its position as a leading provider of capital and services to the financial services and real estate sectors.

Rithm Capital Corp. (NYSE: RITM; “Rithm Capital” or the “Company”) today reported the following information for the second quarter ended June 30, 2022: