08:45 AM EDT, 07/22/2025 (MT Newswires) -- Pagaya Technologies ( PGY ) said Tuesday its Pagaya US subsidiary plans to offer $450 million of unsecured senior notes due 2030 in a private offering.

The company said net proceeds would be used to repay all outstanding debts under its existing credit facilities and $75 million of certain outstanding secured borrowings, with the remainder to be used for general corporate purposes.