Planet Financial Group raises $475M in unsecured debt offering
Housing Wire
DECEMBER 13, 2024
interest rate, are due in December 2029. Fitch pointed to a relatively smaller scale compared to competitors, higher leverage, and the potential impact of valuation marks as rates decrease and prepayments increase. The offering, priced at 6.625% with senior notes maturing in 2030, was aimed at qualified investors.
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