Banking Recap

Figure Technology Solutions, Inc. Enters New Credit Facility for $600.0M

Figure Technology Solutions, Inc., ticker FIGR, a company operating in the fig sector, is the acquirer in this leveraged finance transaction. The deal involves a bridge loan facility with a disclosed size of $600,000,000 in USD. This is a levfin product subtype classified as a bridge loan facility, which typically provides interim financing pending longer-term capital sourcing or refinancing.

Jun 10, 2026·SEC EDGAR·announced·bridge loan facility

Deal value

The transaction was announced and sourced from an SEC EDGAR filing published on June 10, 2026. The specific form type has not been identified from available data. The deal is currently in announced status, meaning it has been publicly disclosed but may not yet have closed.

Bank of America, N.A. is serving as the sole administrative agent for the Bridge Facility and is identified as a lead financial advisor to the acquirer. BofA Securities, Inc. and Barclays Bank PLC are serving jointly as lead arrangers and bookrunners for the Bridge Facility, also in a lead capacity. Both BofA Securities and Barclays are explicitly named in the source material as fulfilling the roles of lead arrangers and bookrunners for this facility.

No legal advisors have been identified or extracted from the available transaction data.

The transaction is structured as a bridge loan facility with a principal amount of $600,000,000. Beyond the identification of the facility type and size, no additional details regarding consideration mix, pricing, tenor, financial covenants, or other facility-specific terms have been disclosed in the available documentation.

Several material facts remain undisclosed or unknown at this time. The expected closing date for the transaction has not been provided. The purpose or end use of bridge financing proceeds is not stated. The identity of the target company or asset being acquired is not disclosed. The form type of the SEC filing itself has not been identified. No information regarding any syndication, commitments from other lenders, or the ultimate term loan or refinancing structure contemplated has been made available. Additionally, whether other financial or legal advisors are involved in the transaction remains unknown based on the extracted data.