Realogy looks to refinance senior secured credit facility Realogy Holdings announced its intention to refinance its senior secured credit facility. Subject to market conditions, Realogy is seeking to refinance its $1.822B extended term loan facility and increase its revolving credit facility to up to $600M from $363M while extending the maturities beyond their current October 2016 and April 2016 maturity dates, respectively. Realogy anticipates that the transaction will be completed in February. However, there can be no assurance that Realogy will be able to complete the transaction, which is subject to market and other customary conditions.
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Citron notes lack of Zillow mention of Realogy on conference call Citron Research, which has been cautious on Zillow (Z), stated on Twitter: "Zillow conference call without ever mentioning the world Realogy. Like a Dominoes conference call without mentioning the word pizza"