Realogy Announces Commencement of Exchange Offer

By: Anywhere Brands | 0 Shares 108 Reads

PARSIPPANY, N.J.--(BUSINESS WIRE)--Realogy Corporation, a leading global provider of real estate and relocation services, announced that it has commenced its exchange offer to all holders of its $1,700,000,000 principal amount of Senior Notes due 2014, $550,000,000 principal amount of Senior Toggle Notes due 2014 and $875,000,000 principal amount of Senior Subordinated Notes due 2015 (the "Outstanding Notes") to exchange their privately held Outstanding Notes for new publicly registered notes (the "Exchange Notes") pursuant to its Registration Statement on Form S-4 that was declared effective earlier today by the Securities and Exchange Commission. The Exchange Notes are substantially identical to the Outstanding Notes except that the Exchange Notes will be freely tradable by persons who are not affiliated with Realogy and will not contain terms relating to registration rights.

The exchange offer and withdrawal rights will expire at 5:00 p.m., New York City time, on February 8, 2008, unless terminated or extended by Realogy in its sole discretion.

The exchange offer is being made only by means of a prospectus, a copy of which may be obtained upon request by holders of the Outstanding Notes from Wells Fargo Bank, National Association, Attn: Bondholder Communications, 608 2nd Avenue S, Minneapolis, MN 55402, (800) 344-5128.

An effective registration statement (including the prospectus) is on file with the SEC and a copy of the registration statement (including the prospectus) is also available on the SEC's Web site, www.sec.gov.

This notice shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.

About Realogy Corporation

Realogy Corporation, a global provider of real estate and relocation services, has a diversified business model that includes real estate franchising, brokerage, relocation and title services. Realogy's world-renowned brands and business units include Better Homes and Gardens Real Estate®, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, The Corcoran Group®, ERA®, Sotheby's International Realty®, NRT LLC, Cartus and Title Resource Group. Collectively, Realogy's franchise systems have approximately 15,000 offices and 315,000 sales associates doing business in 87 countries around the world. Headquartered in Parsippany, N.J., Realogy (www.realogy.com) has approximately 13,000 employees worldwide. Realogy is owned by an affiliate of Apollo Management, L.P., a leading private equity and capital markets investor. To receive future Realogy news releases, you can sign up for an e-mail subscription or secure a link for your RSS reader at www.realogy.com/media.

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