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Realogy redeems all $332 million 7 7/8% senior secured notes due 2019
By Tali Rackner
Norfolk, Va., Dec. 22 – Realogy Group LLC redeemed 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 were redeemed at 104.986318 plus accrued interest on Monday.
The company used proceeds from its offering of 5¼% senior notes due 2021 and cash on hand to fund the redemption, which totaled about $358 million.
The Bank of New York Mellon Trust Co., NA is the trustee.
Realogy is a Madison, N.J.-based residential real estate services provider.
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