Figure Technology Solutions announced a private offering of $600 million in senior notes to fund the cash consideration for the Kiavi acquisition and for general corporate purposes.
Key Highlights:
- Announced intention to privately offer $600 million aggregate principal amount of senior notes due 2031.
- Net proceeds intended to fund cash consideration for the previously announced Kiavi acquisition, pay fees, and for general corporate purposes.
- Offering is subject to market and customary conditions and is not conditioned on completion of the Kiavi acquisition.
- Notes will be privately offered to qualified institutional buyers and non-U.S. persons; they will not be registered under the Securities Act.
Original SEC Filing:
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