Realogy to launch $1.9 billion term loan repricing on Thursday

By Sara Rosenberg

New York, Feb. 26 - Realogy Holdings Corp. is scheduled to hold a call at noon ET on Thursday to launch a repricing of its roughly $1.9 billion senior secured term loan, according to sources.

Current pricing on the loan is Libor plus 350 basis points with a 1% Libor floor.

J.P. Morgan Securities LLC is the lead bank on the deal.

The repriced loan will have 101 soft call protection for six months, sources said.

Realogy is a Madison, N.J.-based provider of real estate brokerage, relocation and settlement services.

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