Onity Group Inc. announced the closing of a $200 million offering of 9.875% Senior Notes due 2029 through its subsidiaries, PHH Corporation and PHH Escrow Issuer LLC. This debt offering, which was previously announced, was executed to expand and strengthen Onity’s capital structure at attractive terms, with an effective yield nearly 148 basis points lower than the original debt issuance in November 2024. The PHH Senior Notes were sold to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Onity Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9646322) on January 30, 2026, and is solely responsible for the information contained therein.
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