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Figure Plans to Raise $600 Million to Acquire AI-Powered Real Estate Lending Platform Kiavi
Svmuu News Nasdaq Figure Technology Solutions, a publicly traded blockchain financial platform, announced that it will issue senior senior notes to raise $600 million from qualified institutional investors. The specific terms of the offering are subject to market conditions. The proceeds from this financing will primarily be used to fund the cash consideration for the acquisition of Kiavi, as well as for general corporate purposes and related offering expenses. (Globenewswire)
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