UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
(Amendment No. 1)
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 13, 2017
SUTHERLAND ASSET MANAGEMENT
CORPORATION
(Exact name of registrant as specified in its charter)
Maryland | | 001-35808 | | 90-0729143 |
(State or other jurisdiction
of incorporation) | | (Commission File Number) | | (IRS Employer
Identification No.) |
1140 Avenue of the Americas,
7th Floor
New York, NY 10036 | |
(Address of principal executive offices)
(Zip Code) | |
Registrant’s telephone number, including area code: (212) 257-4600
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))
Indicate by check mark whether the registrant is an emerging growth company as defined in 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 x
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. x
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
As previously disclosed on a Current Report on Form 8-K filed by Sutherland Asset Management Corporation (the “Company”) on June 15, 2017 (the “Original 8-K”), on June 13, 2017, ReadyCap Holdings, LLC, an indirect wholly owned subsidiary of the Company, issued $65 million in aggregate principal amount of its 7.50% Senior Secured Notes due 2022 (the “Notes”). The Company is filing this amendment number 1 to the Original 8-K solely to amend Item 2.03 to disclose that the yield-to-maturity on the Notes was 6.75%. The terms of the Original 8-K are otherwise unchanged and are incorporated herein by reference.
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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.
| SUTHERLAND ASSET MANAGEMENT CORPORATION |
| | |
| By: | /s/ Frederick C. Herbst |
| | Name: Frederick C. Herbst |
| | Title: Chief Financial Officer |
Date: June 19, 2017
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