Onity Group Prices $200 Million 9.875% Senior Notes Due 2029

Reuters
2026.01.26 21:30
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Onity Group Inc. has priced a $200 million offering of 9.875% Senior Notes due 2029, priced at 103.25% of the principal amount, yielding 8.515% per annum. This issuance adds to the existing $500 million of similar notes issued in November 2024. The offering is set to close on January 30, 2026, with proceeds aimed at general corporate purposes, including debt repayment. The notes are available to qualified institutional buyers and non-U.S. persons under specific regulations.