Onity Group Closes $200 Million Senior Notes Offering
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Onity Group Inc. has successfully closed a $200 million offering of 9.875% Senior Notes due 2029 through its subsidiaries. This debt offering aims to enhance Onity's capital structure at favorable terms, with an effective yield significantly lower than previous debt issued in November 2024. The notes were sold to qualified institutional buyers and non-U.S. persons under relevant regulations.
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