Figure Plans $600M Senior Notes Offering to Fund Kiavi Acquisition

According to Globenewswire, on July 6, Nasdaq-listed blockchain finance platform Figure Technology Solutions announced plans to issue $600 million in senior notes to fund the acquisition of Kiavi, an AI-powered real estate lending platform. Figure will acquire Kiavi for $717 million in cash. The company expects Kiavi to add over $7 billion in transaction volume annually following the deal completion.
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