Firy Inc. to Complete $300M Debt Repayment with Final Note Redemption

Key Facts

1Firy Inc. announced it will redeem approximately $49.7 million of its 10.25% Secured Notes due 2026.

2The notes will be redeemed on October 15, 2026, at 100% of the principal plus accrued interest.

3This action completes the full repayment of the company's $300 million total debt.

Firy Inc. announced it will redeem approximately $49.7 million of its 10.25% Secured Notes due 2026. According to a company statement via Business Wire, this action completes the full repayment of the firm's $300 million total debt, with the notes scheduled for redemption on October 15, 2026, at 100% of the principal plus accrued interest.

The company is utilizing its liquidity to eliminate high-interest obligations ahead of their 2026 maturity to strengthen its balance sheet. Shares of FIRY closed at $12.57 on October 5, 2026, having traded between a low of $12.02 and a high of $12.73 during that session.