Firy to redeem remaining $49.7 million of secured notes on Oct. 15, 2026, completing debt repayment
FIRY•Firy plans to redeem its remaining $49.7 million of 10.25% secured notes on Oct. 15, 2026, using proceeds from its previously announced sale of an equity stake in Exit Games and expecting to save about $0.8 million in cash interest.
1. Notes redemption
Firy delivered notice to redeem its remaining 10.25% secured notes due 2026, totaling about $49.7 million, on Oct. 15, 2026. The redemption price is 100% of principal, plus accrued and unpaid interest through, but excluding, the redemption date. The transaction would eliminate all outstanding notes and release liens tied to the indenture. Firy expects the redemption to save about $0.8 million in cash interest, bringing total expected savings through maturity to about $3.6 million.
