---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-004502"
form_type: "8-K"
ticker: "ONIT"
cik: "0000873860"
company_name: "ONITY GROUP INC."
filed_at: "2026-01-30T23:59:59+00:00"
generated_at: "2026-05-16T06:11:52.881929+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Onity subsidiaries close $200M add-on offering of 9.875% Senior Notes due 2029

## Summary
- Aggregate principal of $200M; additional issuance to $500M originally issued Nov 6, 2024 at same 9.875% rate.
- Net proceeds for general corporate purposes, including repayment of mortgage servicing rights (MSR) indebtedness.
- CEO notes effective yield ~148 bps lower than November 2024 issuance; strong investor demand cited.
- Guaranteed on senior secured basis by Onity, PHH Mortgage Corporation, and PHH Asset Services LLC.
- Offered only to QIBs under Rule 144A and non-U.S. persons under Regulation S; not registered under Securities Act.

## SEC filing metadata
- accession: 0001493152-26-004502
- form_type: 8-K
- ticker: ONIT
- cik: 0000873860
- company_name: ONITY GROUP INC.
- filed_at: 2026-01-30T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/873860/000149315226004502/0001493152-26-004502-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/873860/000149315226004502/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-004502
- JSON: https://secwatch.observer/filing/0001493152-26-004502.json
- Plain text: https://secwatch.observer/filing/0001493152-26-004502.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.