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Realogy completes refinancing of credit facility

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Real estate brokerage Realogy Holdings Corp. announced Tuesday the completion of the previously announced refinancing of the senior secured credit facility for Realogy Group LLC, an indirect, wholly owned subsidiary.

Realogy, of Parsippany, announced it used the proceeds from its new term loan and revolving credit facilities to pay off outstanding borrowings under its previous term loan and revolving credit facilities.

In the announcement, Realogy said the refinanced term loan facility is comprised of $1.920 billion aggregate principal term loan with a maturity date of March 2020, a $98 million increase and a four-year extension on the maturity date from its previous term loan facility.

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