Velocity Financial, Inc. has announced a proposed offering of up to $500 million in Senior Notes due 2031. The notes will be issued by Velocity Commercial Capital, LLC, a wholly-owned subsidiary of the company, and offered to qualified institutional buyers under Rule 144A and to certain non-U.S. persons under Regulation S. The company plans to use approximately $222.7 million of the proceeds to redeem its outstanding 7.125% Senior Secured Notes due 2027, with the remainder allocated for general corporate purposes, including potential repayment of borrowings and up to $75 million for a possible acquisition.

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. Velocity Financial Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260119932237) on January 26, 2026, and is solely responsible for the information contained therein.