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Realogy to redeem all $332 million 7 7/8% secured notes due 2019
By Tali Rackner
Norfolk, Va., Nov. 21 – Realogy Group LLC plans to redeem all $332 million of its 7 7/8% senior secured notes due 2019, according an 8-K filing with the Securities and Exchange Commission.
The notes will be redeemed at par plus a make-whole premium and interest to the redemption date.
The company will fund the redemption with proceeds from a new senior note offering and cash on hand.
Realogy is a Madison, N.J.-based residential real estate services provider.
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