Alston & Bird represented Ready Capital Corporation, a leading multistrategy real estate finance company, and its indirect subsidiary, ReadyCap Holdings LLC, in the private placement of $220 million (in aggregate principal amount) of ReadyCap’s 9.375% senior secured notes due 2028.
Representing Ready Capital was an Alston & Bird team led by partners Michael Kessler (Corporate & Business Transactions), Paul Hespel (Finance), and Rebecca Valentino (Corporate & Business Transactions); partner David E. Brown (Financial Services); counsel David Rutherford (Finance); partner Stuart Rogers, senior associate Misbah Mohiuddin, and associate Boran Ding (Corporate & Business Transactions); counsel Mathew Gray and Matthew Walsh, and associates Thomas Kelly and Yemisi Falade (Finance); and partners Stefanie Kavanagh and Sarah Ma (Federal & International Tax).