debt
confidence high
sentiment neutral
materiality 0.60
Figure Technology Solutions prices $600M 8.500% senior notes due 2031 to fund Kiavi acquisition
Figure Technology Solutions, Inc.
- $600M aggregate principal of 8.500% senior notes due 2031 priced at 100% of par.
- Net proceeds expected ~$587.5M after initial purchasers' discounts and offering expenses.
- Proceeds to fund cash consideration for Kiavi acquisition, general corporate purposes, and fees.
- Closing expected July 14, 2026; offering not conditioned on completion of Kiavi acquisition.
- Notes guaranteed by certain domestic subsidiaries; offered to QIBs and non-U.S. persons.