Pagaya Technologies Repurchases $6.9 Million of 2030 Senior Notes

Reuters
2026.01.13 13:28
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Pagaya Technologies Ltd. has repurchased approximately $6.9 million of its 8.875% Senior Notes due 2030 through open market transactions, funded by cash from its balance sheet. These repurchases were made at a significant discount to par value and are part of the company's capital allocation strategy. Pagaya may consider further purchases based on market conditions and liquidity needs.