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Ladder Announces Pricing of $500 Million Senior Notes Offering
NEW YORK, June 24, 2025--Ladder Capital Corp ("Ladder," the "Company," "we" or "our") (NYSE: LADR) announced today that its subsidiaries, Ladder Capital Finance Holdings LLLP (the "Issuer") and Ladder Capital Finance Corporation (the "Co-Issuer" and collectively with the Issuer, the "Issuers"), have priced a public offering of $500 million in aggregate principal amount of 5.500% Senior Notes due 2030 (the "Notes"). The sale of the Notes is expected to be completed on or about July 3, 2025, subje
About this update from Capital Finance Holdings Limited
[{"type":"text","content":"NEW YORK, June 24, 2025--(BUSINESS WIRE)--Ladder Capital Corp ("Ladder," the "Company," "we" or "our") (NYSE: LADR) announced today that its subsidiaries, Ladder Capital Finance Holdings LLLP (the "Issuer") and Ladder Capital Finance Corporation (the "Co-Issuer" and collectively with the Issuer, the "Issuers"), have priced a public offering of $500 million in aggregate principal amount of 5.500% Senior Notes due 2030 (the "Notes"). The sale of the Notes is expected to be completed on or about July 3, 2025, subject to the satisfaction of customary closing conditions. The Notes will be the Issuers’ senior unsecured obligations and will be guaranteed on a senior unsecured basis by the Company.","length":779,"tagName":"p"},{"type":"text","content":"The Issuers intend to use a portion of the net proceeds of this offering for general corporate purposes, which may include the redemption, repurchase or other repayment of their outstanding 5.250% Senior Notes due 2025.","length":219,"tagName":"p"},{"type":"text","content":"J.P. Morgan, Wells Fargo Securities, BofA Securities and Societe Generale are acting as representatives of the underwriters for the offering.","length":141,"tagName":"p"},{"type":"text","content":"The offering of the Notes is being made pursuant to an effective shelf registration statement (including a prospectus and preliminary prospectus supplement) (File Nos. 333-288227, 333-288227-01 and 333-288227-02) filed with the U.S. Securities and Exchange Commission (the "SEC"). You may obtain copies of these documents, when available, for free by visiting the SEC’s website at www.sec.gov or from J.P. Morgan Securities LLC, 1-212-834-4533; Wells Fargo Securities, LLC, 1-800-645-3751; BofA Securities, Inc., 1-800-294-1322; or SG Americas Securities, LLC, 1-855-881-2108.","length":586,"tagName":"p"},{"type":"text","content":"This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes or any other security, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.","length":264,"tagName":"p"},{"type":"text","content":"About Ladder","length":12,"tagName":"p"},{"type":"text","content":"Ladder is a publicly listed, inves...