NEW YORK, June 26, 2017 (GLOBE NEWSWIRE) — Resource Capital Corp. (NYSE:RSO) (the “Company”) announced that its newly formed subsidiary, Resource Capital Corp. 2017-CRE5, Ltd. (the “Issuer”), will issue $251.5 million of non-recourse, floating-rate notes (“Offered Notes,” the “Securities” or the “Offering”) at a weighted average cost of LIBOR+103 Basis Points. The Offered Notes include $203.42 million of Class A Notes, which were rated Aaa by Moody’s Investors Services, Inc. and will be issued at a coupon of LIBOR+80 basis points and $48.03 million of Class B Notes, rated Baa3 by Moody’s, which will be issued at a coupon of LIBOR+ 200 basis points. The Offered Notes […]