Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Velocity Financial, Inc. entered into Purchase Agreement with Barclays Capital Inc., as representative of the several initial purchasers set forth in Schedule I to the Purchase Agreement valued at $500 million (effective 2026-01-28).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- Barclays Capital Inc., as representative of the several initial purchasers set forth in Schedule I to the Purchase Agreement
- Value
- $500 million
- Effective
- 2026-01-28
Exact text from the filing
On January 28, 2026, Velocity Commercial Capital, LLC (the “Issuer”), a wholly-owned subsidiary of Velocity Financial, Inc. (“Velocity” or the “Company”) and the Company, as guarantor, entered into a Purchase Agreement (the “Purchase Agreement”) with Barclays Capital Inc., as representative of the several initial purchasers set forth in Schedule I to the Purchase Agreement thereto (the “Initial Purchasers”), with respect to the issue and sale by the Issuer of $500 million in aggregate principal amount of its 9.375% Senior Notes due 2031 (the “Notes”), in an offering exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”) (the “Offering”).
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