What pricing terms and interest spreads are associated with the home‑improvement loans?

Answer

The press release that announced Rithm Capital’s forward‑flow agreement with Upgrade, Inc. does not disclose the specific pricing terms or interest‑rate spreads for the $1 billion of home‑improvement loans that Rithm will acquire.

The excerpt you provided stops at “This acquisition enables Rithm to unde…,” and the remainder of the release (which would normally contain the loan‑pricing details, such as the coupon rates, spread over a benchmark rate, any floor or ceiling rates, and any associated fees) is not included. Consequently, based solely on the information you supplied, we cannot state:

• The interest‑rate spread (e.g., “X bps over the U.S. Treasury curve” or “Y % over the LIBOR/SOFR benchmark”)
  
• The pricing terms (e.g., fixed‑rate vs. floating‑rate structure, any rate caps/floors, pre‑payment penalties, or amortization schedule)
  

If you have access to the full press release (or a more complete article) that follows the introductory paragraph, those sections typically appear under headings such as “Deal Terms,” “Loan Pricing,” or “Financial Highlights.” Those portions would contain the exact spread and any related pricing features.

What you can do next

1. Locate the complete press release – Visit Business Wire’s website and search for the Rithm Capital announcement dated 2025‑08‑05.
   
2. Check Rithm Capital’s investor filings – The company may have filed a Form 8‑K, a press release attachment, or a supplemental disclosure that includes the loan‑pricing details.
   
3. Contact Investor Relations – If the public release omits the pricing, Rithm’s IR team can often provide a brief summary of the key terms for analysts.

Until the full text is available, the pricing terms and interest spreads for the home‑improvement loan portfolio remain undisclosed in the excerpt you provided.