Resource Capital Corp., 8.625% Fixed-to-Floating Series Cumulative Redeemable Preferred Stock





From, and including, July 30, 2024 and thereafter, the Issuer will pay cumulative cash distributions on the Series C Preferred Stock at a floating rate equal to three-month LIBOR (as defined in the Issuer’s preliminary prospectus supplement, dated June 3, 2014, relating to the Series C Preferred Stock (the “Preliminary Prospectus Supplement”)) as calculated on each date of determination (as defined in the Preliminary Prospectus Supplement) plus a spread of 5.927% per annum based on the $25.00 liquidation preference, provided that the floating rate on each date of determination will not be less than the Initial Rate

RSO-C
RSO
06/03/2014
07/30/2024
None
0
0
8.63
$25.00
Yes
No
0.539
January, April, July, October
30
January, April, July, October
2
March, June, September, December
29
NR
C
NR