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RSO PR A CL - Resource Capital News Story

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BRIEF-Resource Capital announces offering of convertible notes due 2022

Thu 10th August, 2017 12:24pm
Aug 10 (Reuters) - Resource Capital Corp  RSO.N  
    * Resource Capital Corp. announces offering of convertible 
notes due 2022 
    * Resource Capital Corp - Plans to offer $125.0 million 
aggregate principal amount of convertible senior notes due 2022 
    * Resource Capital Corp - Notes will be senior unsecured 
obligations of company 
    * Resource Capital Corp - Interest rate and offering price 
are to be determined by negotiations between company and 
underwriters of offering 
    * Resource - To use proceeds from offering to repurchase  
portion of 6.00% convertible senior notes due 2018, 8.00% 
convertible senior notes due 2020 
 
Source text for Eikon:  ID:nGNXOCZIFa  
Further company coverage:  RSO.N  
 
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