Is Rithm Capital (RITM) One of the Top Value Stocks to Buy Under $10?
Key takeaways
- Is Rithm Capital (RITM) One of the Top Value Stocks to Buy Under $10?
- The offering is expected to close on May 14, pending the fulfillment of standard closing conditions.
- This announcement serves as a regulatory update and does not constitute an offer to sell or a solicitation to buy securities in any jurisdiction where such activity would be prohibited.
Is Rithm Capital (RITM) One of the Top Value Stocks to Buy Under $10? Maham Fatima Fri, June 19, 2026 at 11:51 PM GMT+7 2 min read RITM RITM-PA RITM-PD RITM-PE Rithm Capital Corp. (NYSE:RITM) is one of the top value stocks to buy under $10. On May 12, Rithm Capital priced an offering of $500 million in 8.500% senior unsecured notes, which are scheduled to mature in 2031. The company plans to utilize the net proceeds from this issuance for general corporate purposes, including the potential repayment of existing debt obligations.
The offering is expected to close on May 14, pending the fulfillment of standard closing conditions. Because the notes are not registered under the US Securities Act of 1933, they are being sold exclusively to qualified institutional buyers under Rule 144A and to non-U.S. persons in accordance with Regulation S.
This announcement serves as a regulatory update and does not constitute an offer to sell or a solicitation to buy securities in any jurisdiction where such activity would be prohibited. Rithm Capital Corp. (NYSE:RITM) has clarified that the notes will not carry any registration rights as part of this transaction.