Alston & Bird represented Ready Capital Corporation and one of its subsidiaries, ReadyCap Holdings II LLC, in the private placement of $225 million in aggregate principal amount of 10% senior secured notes due 2031.
The Alston & Bird team advising Ready Capital included partners Michael Kessler, Paul Hespel, Rebecca Valentino, and David Rutherford; senior associates Boran Ding, Misbah Mohiuddin, Sarah McClellan, and Yemisi Falade; and partners Sarah Ma and Stephen Ornstein.