Onity Group Inc. announced the pricing of a $200 million offering of 9.875% Senior Notes due 2029 through its subsidiaries PHH Corporation and PHH Escrow Issuer LLC. The notes were priced at 103.25% of the principal amount, resulting in an effective yield to worst (YTW) of 8.515% per annum. This issuance is an additional offering to the existing $500 million of 9.875% Senior Notes due 2029 originally issued in November 2024, forming a single series with those notes. The offering is expected to close on January 30, 2026, with net proceeds to be used for general corporate purposes, including repayment of mortgage servicing rights indebtedness. The notes are being offered 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: 9642739) on January 26, 2026, and is solely responsible for the information contained therein.