Realogy Holdings just raised $550 million, bolstered by strong demand for a previously-announced debt offering. The brokerage giant announced a $400 million offering of second lien notes on Monday; it upsized that offering on Wednesday based on “improved market conditions” and “strong demand,” a spokesperson said. The upsizing is a vote of confidence from institutional investors — both in Realogy’s response to Covid-19 and long-term prospects for the housing industry. The parent company of the
source https://therealdeal.com/2020/06/10/realogy-upsizes-debt-offering-to-550m/
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