A Maryland corporation) $120,000,000 6.125% Senior Notes Due 2025 UNDERWRITING AGREEMENTReady Capital Corp • April 11th, 2022 • 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 Piper Sandler & Co. is acting as Representative (in such capacity, the “Representative”), with respect to the issuance and sale by the Company of $120,000,000 principal amount of its 6.125% senior notes due 2025 (the “Notes”), and the purchase by the Underwriters, acting severally and not jointly, of the respective principal amount of the Notes set forth opposite the names of each of the Underwriters listed in Schedule I hereto. The Notes will be issued pursuant to an indenture (the “Base Indenture”) dated as of August 9, 2017 between the Company and U.S. Bank National Association, as trustee (the “Trustee”), as supplemented by
