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Ready Capital closes common stock offering

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Ready Capital closes common stock offering

Ready Capital Corp. on Dec. 9 closed its offering of 6 million common shares.

The company sold the common shares for $15.30 apiece, raising net proceeds of about $91.4 million.

Morgan Stanley & Co. LLC, UBS Securities LLC, Wells Fargo Securities LLC and Keefe Bruyette & Woods Inc. were underwriters for the offering.