READY CAPITAL CORPORATION (A Maryland corporation) UNDERWRITING AGREEMENTUnderwriting Agreement • February 10th, 2021 • Ready Capital Corp • Real estate investment trusts • New York
Ready Capital Corporation, a Maryland corporation (the “Company”), Sutherland Partners, L.P., a Delaware limited partnership (the “Operating Partnership”), and Waterfall Asset Management, LLC, a Delaware limited liability company (the “Manager”), each confirms its agreement with each of the Underwriters listed on Schedule I hereto (the “Underwriters”), for whom Keefe, Bruyette & Woods, Inc., Morgan Stanley & Co. LLC and Piper Sandler & Co. are acting as Representatives (in such capacity, the “Representatives”), with respect to (i) the issuance and sale by the Company of $175,000,000 principal amount of its 5.75% senior notes due 2026 (the “Initial Notes”), and the purchase by the Underwriters, acting severally and not jointly, of the respective principal amount of the Initial Notes set forth opposite the names of each of the Underwriters listed in Schedule I hereto and (ii) the grant of the option described in Section 3(b) hereof to purchase all or any part of $26,250,000 principal amo
