Figure Technology launches $600M senior notes offering to fund Kiavi acquisition

Filed July 6, 2026 · Period ending July 6, 2026 · ~1 min read

Key Changes

• high

  Figure announced a private placement of $600 million in senior notes due 2031, subject to market conditions, to fund the previously announced acquisition of Kiavi, an AI-powered lending platform for residential real estate investors.

  Item 8.01 verify on EDGAR →
• high

  The notes offering is not contingent on closing the Kiavi acquisition; if that deal falls through, all proceeds will be used for general corporate purposes.

  Item 8.01 verify on EDGAR →
• medium

  The notes will be offered only to qualified institutional buyers under Rule 144A or to non-U.S. persons under Regulation S, with guarantees from certain domestic wholly-owned subsidiaries.

  Exhibit 99.1 verify on EDGAR →