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Unison Plans U.S. IPO to Raise $500 Million | Markets & Money News
Unison Co. is preparing for a U.S. initial public offering, aiming to raise up to $500 million, with UBS Group AG and Cantor Fitzgerald LP as lead underwriters. Set to debut around November, this IPO arrives amid challenging conditions in consumer finance, particularly with high mortgage rates impacting traditional home-equity lending. Unison offers a novel approach by providing cash to homeowners in exchange for a share of their property’s future value, potentially transforming home financing
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