Realogy Announces Upsizing and Pricing of Its $550M Offering of Senior Notes

6/9/20

Realogy Holdings Corp. (NYSE: RLGY) announced today that its indirect, wholly-owned subsidiary, Realogy Group LLC, together with a co-issuer, priced at par $550 million aggregate principal amount of 7.625% senior secured second lien notes due 2025 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended. The aggregate size of the offering has been upsized from $400 million to $550 million. The closing of the offering is expected to occur on June 16, 2020, subject to customary closing conditions.

About Realogy Holdings Corp.

Realogy Holdings Corp. (NYSE: RLGY) is the leading and most integrated provider of U.S. residential real estate services, encompassing franchise, brokerage, and title and settlement businesses as well as a mortgage joint venture. Realogy's diverse brand portfolio includes some of the most recognized names in real estate: Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, and Sotheby's International Realty®. Using innovative technology, data and marketing products, best-in-class learning and support services, and high-quality lead generation programs, Realogy fuels the productivity of independent sales agents, helping them build stronger businesses and best serve today's consumers. Realogy's affiliated brokerages operate around the world with approximately 188,900 independent sales agents in the United States and more than 122,400 independent sales agents in 113 other countries and territories. Recognized for nine consecutive years as one of the World's Most Ethical Companies, Realogy has also been designated a Great Place to Work and one of Forbes' Best Employers for Diversity. Realogy is headquartered in Madison, New Jersey.