Attached files
file | filename |
---|---|
EX-99.2 - PRICING PRESS RELEASE, DATED NOVEMBER 19, 2013 - Ready Capital Corp | exhibit99-2.htm |
EX-99.1 - LAUNCH PRESS RELEASE, DATED NOVEMBER 18, 2013 - Ready Capital Corp | exhibit99-1.htm |
UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON, DC 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): November 21, 2013 (November 18, 2013)
ZAIS FINANCIAL CORP.
(Exact name of registrant as specified
in its charter)
Maryland | 001-35808 | 90-0729143 |
(State or other jurisdiction | (Commission File Number) | (IRS Employer |
of incorporation) | Identification No.) |
Two Bridge Avenue, Suite 322 | 07701-1106 |
Red Bank, NJ | |
(Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code: (732) 978-7518
n/a
(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 (see General Instruction A.2. below):
o |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
o |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
o |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
o |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
ITEM 8.01 Other Events.
On November 18, 2013, ZAIS Financial Corp. (the Company) announced via a press release (the Launch Press Release) that ZAIS Financial Partners, L.P., the operating partnership through which the Company conducts its operations (the Issuer), had commenced a private offering, subject to market conditions, of $50 million aggregate principal amount of the Issuers Exchangeable Senior Notes due 2016 (the Notes), plus an additional $7.5 million aggregate principal amount of Notes that may be issued at the option of the initial purchaser, which option may be exercised within 30 days of the initial sale of the notes.
On November 19, 2013 the Company announced via a press release (the Pricing Press Release) that the Issuer agreed to sell to the initial purchaser in a private offering $50 million aggregate principal amount of the Issuers 8.0% Notes and granted the initial purchaser of the Notes a 30-day option to purchase up to an additional $7.5 million aggregate principal amount of the Notes, which option may be exercised within 30 days of the initial sale of the notes.
The Notes were offered and sold only to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The Notes, the guarantee on the Notes and any shares of Companys common stock that may be issued upon exchange of the Notes have not been registered under the Securities Act, or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state laws.
Copies of the Launch Press Release and the Pricing Press Release are attached as Exhibits 99.1 and 99.2, respectively, hereto and are incorporated herein by reference. The Launch Press Release and the Pricing Press Release are filed for the purpose of complying with Rule 135c under the Securities Act.
ITEM 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit | ||
Number | Description | |
99.1 | Launch Press Release, dated November 18, 2013. | |
99.2 | Pricing Press Release, dated November 19, 2013. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ZAIS Financial Corp. | ||
Date: November 21, 2013 | By: | /s/ Michael Szymanski |
Michael Szymanski | ||
President and Chief Executive Officer |
EXHIBIT INDEX
Exhibit | ||
Number | Description | |
99.1 | Launch Press Release, dated November 18, 2013. | |
99.2 | Pricing Press Release, dated November 19, 2013. |