Realogy Announces Full Exercise of Underwriters' Option to Purchase Additional Shares
October 12, 2012 09:15 ET
Realogy Announces Full Exercise of Underwriters' Option to Purchase Additional Shares
PARSIPPANY, NJ--(Marketwire - Oct 12, 2012) - Realogy Holdings Corp. (
The Company expects to receive proceeds from the sale of the additional 6,000,000 shares, net of underwriters' discounts and commissions and estimated offering expenses, of approximately $154 million, resulting in aggregate net proceeds from the offering of approximately $1.2 billion. The Company intends to use the net proceeds of the offering primarily to repay outstanding indebtedness.
Goldman, Sachs & Co., J.P. Morgan Securities LLC, Barclays Capital Inc. and Credit Suisse Securities (USA) LLC are acting as the joint book runners for the offering. Citigroup, Wells Fargo Securities and BofA Merrill Lynch are acting as lead co-managers and Credit Agricole Securities (USA) Inc., Comerica Securities, Inc., CRT Capital Group LLC, Houlihan Lokey Capital, Inc., Lebenthal & Co., LLC, Loop Capital Markets LLC and Apollo Global Securities, LLC are acting as co-managers.
The offering will be made only by means of a prospectus. A copy of the final prospectus may be obtained by contacting: Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY, 10282, by calling (866) 471-2526, or by e-mailing [ prospectus-ny@ny.email.gs.com ] or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by calling (866) 803-9204.
The registration statement relating to the securities has been declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, 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.
About Realogy Holdings Corp.
Realogy Holdings Corp. (
Cautionary Statement Regarding Forward-Looking Information
The information in this release contains forward-looking information that involves substantial risks and uncertainties regarding the proposed initial public offering by Realogy Holdings Corp. Realogy Holdings Corp. assumes no obligation to update forward-looking statements contained in this release as the result of new information or future events or developments.