Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Tenders > Headlines for 2014 > News item |
Realogy repurchases $44 million notes in Q1, $354 million in April
By Tali Rackner
Norfolk, Va., May 5 - Realogy Holdings Corp. repurchased $29 million of its 9% 11/2-lien notes and $15 million of its 7 7/8 11/2-lien notes through open-market purchases during the first quarter and another $354 million of 7 7/8% notes in April, according to a 10-Q filing with the Securities and Exchange Commission.
On April 7, Realogy Group issued $450 million of 4½% senior notes. It used a portion of the proceeds to buy back $354 million of its 7 7/8% notes and to pay related premiums of $33 million, as well as related fees and expenses.
To date in 2014, the company said it has reduced its senior secured notes balance by $398 million.
Realogy is a Madison, N.J.-based provider of real estate brokerage, relocation and settlement services.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.