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Ready Capital Corporation 6.50% Series E Cumulative Redeemable Preferred Stock

Ticker: RC-E

Parent Ticker: RC

OTC Grey Market Temporary Ticker: RCPPP

Issuance Date: 06/03/2021

1st Call Date: 06/10/2026

Maturity Date: None

Shares Issued: 4,000,000

Overallotment Shares: 600,000

Coupon: 6.50%

Face Value: $25.00

Cumulative: Yes

Qualified: No

Quarterly Dividend Amount: 0.4063

Payment Months: JAN, APR, JUL, OCT

Payment Day: Last Day

S&P Rating: NR

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

Moody Rating: NR

Fitch Rating: NR