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Rithm Capital (New Rez) Series C 6.375% Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

Name changed 8/1/2022–Previously New Residential Investment. Tickers changed.

Coupon is fixed until 2/15/2025 after which it will float at 3 month Libor plus a spread of 4.969%

Ticker: RITM-C

Parent Ticker: RITM

OTC Grey Market Temporary Ticker: NRESP

Issuance Date: 02/11/2020

1st Call Date: 02/15/2025

Maturity Date: None

Shares Issued: 14,000,000

Overallotment Shares: 2,100,000

Coupon: 6.375%

Face Value: $25.00

Cumulative: Yes

Qualified: No

Quarterly Dividend Amount: 0.3984

Payment Months: FEB, MAY, AUG, NOV

Payment Day: 15

S&P Rating: NR

III Rating (In Regards to Dividend Safety Only): C

Moody Rating: NR

Fitch Rating: NR