MADISON, NJ - (Marketwired - Jul 16, 2013) - Realogy Holdings Corp. (NYSE: RLGY) ("Realogy") today announced that certain funds affiliated with Apollo Global Management, LLC (NYSE: APO) ("Apollo") have agreed to sell 25,125,070 shares of Realogy common stock in a secondary public offering, constituting all their remaining shares of Realogy common stock. Realogy will not receive any proceeds from the offering.
Goldman, Sachs & Co. and J.P. Morgan Securities LLC are acting as underwriters for the offering. Goldman, Sachs & Co. and J.P. Morgan Securities LLC have agreed to purchase the shares of Realogy common stock from Apollo and subsequently offer those shares of Realogy common stock to investors in an underwritten offering.
The offering of shares may be made only by means of a written prospectus and related prospectus supplement forming a part of the automatically effective registration statement filed by Realogy with the Securities and Exchange Commission. Copies of the prospectus and prospectus supplement relating to this offering may be obtained from Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, New York 10282, or by calling toll-free 866-471-2526, by faxing a request to 212-902-9316 or by emailing a request to firstname.lastname@example.org or from J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by calling toll-free 866-803-9204.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
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 and settlement 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 239,000 independent sales associates doing business in 102 countries around the world. Realogy is headquartered in Madison, N.J.