NEW YORK, June 15, 2017 /PRNewswire/ -- Sutherland Asset Management Corporation (the "Company") (NYSE: SLD ) announced today that ReadyCap Holdings, LLC ("ReadyCap"), the Company's wholly-owned subsidiary that operates its small balance commercial loan origination segment, has issued $65.0 million in aggregate principal amount of 7.50% Senior Secured Notes due 2022 (the "Notes") priced with a yield-to-maturity of 6.75%. The Notes have identical terms (other than issue date and issue price) to the notes issued on February 13, 2017. The net proceeds of the offering are intended to be used to acquire and originate new assets for general business purposes. Keefe, Bruyette & Woods, A Stifel Company, Incapital LLC and Sandler O'Neill & Partners, L.P. acted as joint book-running managers of the offering.