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Stock impact report

Onity Group Announces Closing of $200 Million Senior Notes Offering

Onity Group Inc. (ONIT) 
Company Research Source: GlobeNewswire
WEST PALM BEACH, Fla., Jan. 30, 2026 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity”) today announced that its subsidiaries, PHH Corporation and PHH Escrow Issuer LLC (the “Issuers”), closed their previously announced offering of 9.875% Senior Notes due 2029 (the “PHH Senior Notes”) in an aggregate principal amount of $200 million. Glen A. Messina, Chair, President and CEO of Onity Group, said, “We opportunistically executed this debt offering to expand and strengthen our capital structure at attractive terms. We are pleased with the strong investor demand for this offering which reflects the continued confidence in our strategy and financial results. With an effective yield on this debt issuance of nearly 148 basis points lower than the original debt issuance in November 2024, we believe this transaction will provide greater financial flexibility to manage our leverage and invest in the growth of our business.” The PHH Senior Notes were offered as an additional issuanc Show less Read more
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