debt
confidence high
sentiment neutral
materiality 0.60
Figure Technology Solutions issues $600M of 8.5% senior notes due 2031
Figure Technology Solutions, Inc.
- $600M principal amount of 8.500% Senior Notes due 2031 issued on July 14, 2026.
- Interest payable semiannually on Jan 31 and Jul 31, starting Jan 31, 2027; maturity July 31, 2031.
- Notes are senior unsecured obligations, guaranteed by domestic subsidiaries.
- Redeemable at make-whole prior to July 31, 2028; thereafter at specified prices; up to 40% with equity offering proceeds.
- Change of control triggers repurchase at 101% of principal plus accrued interest.