Ropes & Gray represented the placement agent in Ready Capital Corp.’s $225 million offering of 10% senior secured notes due 2031. The transaction priced on Sept. 18.
Ready Capital is a real estate finance company that acquires, originates, manages, and finances commercial real estate loans and real estate-related securities.
The team was led by capital markets partner Paul Tropp and included private equity partner Milap Patel.
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