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.
Realogy selloff Friday a buying opportunity, says William Blair William Blair views Friday's post-earnings selloff in shares of Realogy as a buying opportunity. The firm remains confident in the progress of the housing market and believes the reaction on Friday was overdone. It keeps an Outperform rating on Realogy. Goldman Sachs downgraded the stock this morning to Neutral.