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Ladder Capital Corp Capital/Financing Update 2021

Aug 31, 2021

31956_rns_2021-08-31_e858ecf1-7c47-4281-a2bd-dcfc4cf81612.zip

Capital/Financing Update

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): August 31, 2021

Ladder Capital Corp (Exact name of registrant as specified in its charter)

Delaware 001-36299 80-0925494
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)

| 345
Park Avenue , 8th Floor , | 10154 |
| --- | --- |
| New York , New York | (Zip Code) |
| (Address of principal
executive offices) | |

Registrant’s telephone number, including area code: ( 212 ) 715-3170

Not Applicable

Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d- 2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e- 4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered
Class A common stock, $0.001 par value LADR New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

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Item 7.01. Regulation FD Disclosure.

On August 31, 2021, Ladder Capital Finance Holdings LLLP and Ladder Capital Finance Corporation (together, the “ Issuers ”), subsidiaries of Ladder Capital Corp , elected to redeem in full their outstanding 5.250% Senior Notes due 2022 (the “ Notes ”), in accordance with the terms of the indenture governing the Notes. The Notes will be redeemed in full on September 15, 2021 (the “ Redemption Date ”) at a redemption price equal to 100.00% of the aggregate principal amount thereof, plus accrued and unpaid interest up to, but not including, the Redemption Date.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 31, 2021
By: /s/ Kelly Porcella
Name: Kelly Porcella
Title: Chief Administrative Officer & General Counsel

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