Figure Technology closes $600M senior notes at 8.5% to finance Kiavi acquisition

Filed July 14, 2026 · Period ending July 14, 2026 · ~1 min read

Key Changes

• high

  Issued $600M of 8.5% senior notes due 2031, guaranteed by domestic subsidiaries, with semiannual interest payments starting January 2027. Proceeds intended to finance the pending Kiavi acquisition.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  Indenture restricts additional debt, dividends, asset sales, liens, investments, and affiliate transactions—standard high-yield covenants protecting noteholders' ability to be repaid.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  Company may redeem notes before July 2028 at par plus make-whole premium; after that date at specified prices. Can also redeem up to 40% using equity offering proceeds if 50%+ remains outstanding.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →