Realogy Continues to Retire Debt, Announces Redemption of 12% Senior Notes
PARSIPPANY, NJ - (Marketwire - Mar 22, 2013) - Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services, announced that it will redeem all of the approximately $129.6 million aggregate principal amount 12% Senior Notes due 2017 outstanding. The redemption will occur on April 23, 2013, at a redemption price, payable in cash, equal to the principal amount of the 12% Senior Notes due 2017 plus the applicable premium together with accrued and unpaid interest, if any, to, but excluding, the redemption date.
The Bank of New York Mellon Trust Company, N.A., the trustee for the 12% Senior Notes, mailed a Notice of Redemption to all registered holders of the 12% Senior Notes on March 21.
About Realogy Holdings Corp.
Realogy Holdings Corp. (NYSE: RLGY) is a global leader in residential real estate franchising with company-owned residential real estate brokerage operations doing business under its franchise systems as well as relocation and title services. Realogy's 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 system members operate approximately 13,600 offices with 238,900 independent sales associates doing business in 102 countries around the world. Realogy is headquartered in Parsippany, N.J.