Onity Group Inc. announced that its subsidiaries, PHH Corporation and PHH Escrow Issuer LLC, have launched an offering of $150 million in aggregate principal amount of 9.875% Senior Notes due 2029. This new issuance is an additional offering to the $500 million of 9.875% Senior Notes due 2029 previously issued on November 6, 2024, and will form a single series with the earlier notes. The notes are guaranteed on a senior secured basis by Onity and certain subsidiaries, including PHH Mortgage Corporation and PHH Asset Services LLC. Proceeds from the offering will be used for general corporate purposes, including repayment of certain indebtedness. The offering is being made 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: 9642386) on January 26, 2026, and is solely responsible for the information contained therein.