Form 8-K
8-K — Rithm Capital Corp.
Accession: 0001104659-26-059463
Filed: 2026-05-12
Period: 2026-05-12
CIK: 0001556593
SIC: 6798 (REAL ESTATE INVESTMENT TRUSTS)
Item: Other Events
Item: Financial Statements and Exhibits
Documents
8-K — tm2613828d2_8k.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (tm2613828d2_ex99-1.htm)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
May 12, 2026
Rithm Capital Corp.
(Exact name of registrant as specified in its
charter)
Delaware
(State or other jurisdiction of incorporation)
001-35777
45-3449660
(Commission File Number)
(IRS Employer Identification No.)
799 Broadway New York New York
10003
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including
area code (212) 850-7770
(Former name or former address, if changed since
last report.)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.
below):
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b)
of the Act:
Title of each class:
Trading
Symbols:
Name of each exchange on which
registered:
Common Stock, $0.01 par value per share
RITM
New York Stock Exchange
7.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
RITM PR A
New York Stock Exchange
7.125% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
RITM PR B
New York Stock Exchange
6.375% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
RITM PR C
New York Stock Exchange
7.00% Fixed-Rate Reset Series D Cumulative Redeemable Preferred Stock
RITM PR D
New York Stock Exchange
8.750% Series E Fixed-Rate Cumulative Redeemable Preferred Stock
RITM PR E
New York Stock Exchange
8.750% Series F Fixed-Rate Reset Cumulative Redeemable Preferred Stock
RITM PR F
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 8.01 Other Events.
On May 12,
2026, Rithm Capital Corp. (“Rithm” or the “Company”) issued a press release announcing the pricing of a private
offering of $500 million aggregate principal amount of 8.500% senior unsecured notes due 2031 (the “2031 Senior Notes,” and
such offering, the “Senior Notes Offering”). The Senior Notes Offering is expected to close on May 14, 2026, subject
to customary closing conditions. A copy of the Company’s press release with respect to the Senior Notes Offering is filed as Exhibit 99.1
to this Current Report on Form 8-K and is incorporated herein by reference.
The Company intends
to use the net proceeds from the Senior Notes Offering for general corporate purposes, which may include the repayment of certain indebtedness.
The 2031 Senior
Notes are being offered and sold only to persons reasonably believed to be qualified institutional buyers, as defined in, and in reliance
on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and to non-U.S. persons in offshore
transactions outside the United States in reliance on Regulation S under the Securities Act. The 2031 Senior Notes are not registered
under the Securities Act or any other securities laws of any jurisdiction and will not have the benefit of any exchange offer or other
registration rights. The 2031 Senior Notes may not be offered or sold in the United States absent registration or an applicable exemption
from registration requirements.
This report does
not constitute an offer to sell, or a solicitation of an offer to buy, any security and it does not constitute a notice of redemption
with respect to any security. No offer, solicitation, or sale will be made in any jurisdiction in which such an offer, solicitation,
or sale would be unlawful.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.
Description
99.1
Press release dated May 12, 2026, announcing pricing of the Senior Notes Offering
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
RITHM CAPITAL CORP.
(Registrant)
/s/ Nicola Santoro, Jr.
Nicola Santoro, Jr.
Chief Financial Officer and Chief Accounting Officer
Date: May 12, 2026
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: tm2613828d2_ex99-1.htm · Sequence: 2
Exhibit 99.1
Rithm Capital Corp. Announces Pricing of
Offering of Senior Unsecured Notes
NEW YORK — (BUSINESS WIRE) — May 12, 2026 —
Rithm Capital Corp. (NYSE: RITM; “Rithm” or the “Company”) announced today that it has priced its previously
announced offering of $500 million aggregate principal amount of 8.500% 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.
The notes will not have any registration rights.
The offering is expected to close on May 14, 2026, subject to
customary closing conditions.
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.
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.
ABOUT RITHM CAPITAL
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.
FORWARD-LOOKING STATEMENTS
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 ability to complete the offering, the intended use of proceeds of the offering and the expected closing
date 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 www.sec.gov. The list of factors is not exhaustive and additional risks may
affect future results.
Contacts
Investor Relations
(212)-850-7770
ir@rithmcap.com
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