PHH files $2 billion shelf registration

By Devika Patel

Knoxville, Tenn., Nov. 26 - PHH Corp. filed a $2 billion shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, preferred stock, debt securities, warrants to purchase common stock, preferred stock or debt securities and units.

The securities may be structured as convertibles.

Proceeds will be used for general corporate purposes.

PHH is a Mt. Laurel, N.J.-based mortgage-services company.

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