Realogy Announces Upsizing And Pricing Of $350 Million Offering Of Exchangeable Senior Notes
MADISON, N.J. , May 27, 2021 |PRNewswire| -- Realogy Holdings Corp. (NYSE: RLGY) (the "Company") announced today that its indirect, wholly-owned subsidiary, Realogy Group LLC ("Realogy Group"), together with a co-issuer, has priced its sale of $350 million aggregate principal amount of exchangeable senior notes due 2026 (the "Notes") in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The size of the offering has been upsized from $300 million to $350 million . The issuance and sale of the Notes are scheduled to settle on June 2, 2021 , subject to customary closing conditions. Realogy Group also granted the initial purchasers of the Notes a 13-day option to purchase up to an additional $52.5 million aggregate principal amount of the Notes. The Notes will be guaranteed on a senior unsecured basis by each of Realogy Group''s domestic subsidiaries (other than the co-issuer of the Notes) that is a guarantor under its senior secured credit facilities and certain of its existing senior notes.
Realogy Announces Upsizing And Pricing Of $350 Million Offering Of Exchangeable Senior Notes
MADISON, N.J. , May 27, 2021 |PRNewswire| -- Realogy Holdings Corp. (NYSE: RLGY) (the "Company") announced today that its indirect, wholly-owned subsidiary, Realogy Group LLC ("Realogy Group"), together with a co-issuer, has priced its sale of $350 million aggregate principal amount of exchangeable senior notes due 2026 (the "Notes") in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The size of the offering has been upsized from $300 million to $350 million . The issuance and sale of the Notes are scheduled to settle on June 2, 2021 , subject to customary closing conditions. Realogy Group also granted the initial purchasers of the Notes a 13-day option to purchase up to an additional $52.5 million aggregate principal amount of the Notes. The Notes will be guaranteed on a senior unsecured basis by each of Realogy Group''s domestic subsidiaries (other than the co-issuer of the Notes) that is a guarantor under its senior secured credit facilities and certain of its existing senior notes.