January 22, 2018 3:01 PM ET

Thrifts and Mortgage Finance

Company Overview of Ladder Capital Finance Corp.

Company Overview

Ladder Capital Finance Corp. is based in the United States. Ladder Capital Finance Corp. operates as a subsidiary of Ladder Capital Finance Holdings LLLP.

345 Park Avenue

8th Floor

New York, NY 10154

United States

Phone:

212-715-3170

Key Executives for Ladder Capital Finance Corp.

Ladder Capital Finance Corp. does not have any Key Executives recorded.

Ladder Capital Finance Corp. Key Developments

Ladder Capital Finance Holdings LLLP and Ladder Capital Finance Corporation Price Offering of $500 Million of 5.250% Senior Notes Due 2022 and Announce Conditional Full Redemption to Holders of the 2017 Notes

Ladder Capital Corp. (“Ladder” or the “company”) announced that its subsidiaries, Ladder Capital Finance Holdings LLLP and Ladder Capital Finance Corporation (collectively, the “Issuers”), have priced an offering of $500 million in aggregate principal amount of 5.250% senior notes due 2022 (the “Senior Notes”). The sale of the Senior Notes is expected to be completed on or about March 16, 2017, subject to customary closing conditions. The Senior Notes will be senior unsecured obligations of the Issuers and will be guaranteed by the company and certain of its subsidiaries. The company intends to use the net proceeds of the offering to redeem the Issuers’ remaining outstanding 7.375% senior notes due 2017, to pay offering related expenses and for general corporate purposes, including repayment of secured debt. The Issuers have delivered a notice of conditional full redemption to holders of the 2017 Notes, pursuant to which the Issuers will redeem all outstanding 2017 Notes at 100% of the principal amount thereof (plus any accrued and unpaid interest to the redemption date) on April 1, 2017. The redemption is conditioned on the completion by the Issuers of a senior notes offering with gross proceeds of not less than $500 million. The Company’s offering of Senior Notes is expected to satisfy this condition. The Senior Notes are being offered in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and outside the United States pursuant to Regulation S under the Securities Act.

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