Realogy redeems 7 5/8% notes due 2020 with loan proceeds

New York, Oct. 28 – Realogy Holdings Corp. repaid its $593 million of 7 5/8% senior secured first-lien notes due 2020 using funds from a new loan, according to an 8-K filed Wednesday with the Securities and Exchange Commission.

The notes were redeemed on Oct. 23.

Funds came from a new $435 million term loan A facility and an amendment that increased the company’s existing five-year revolving credit facility to $815 million.

The real estate company is based in Madison, N.J.

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