Facebook Twitter LinkedIn Google Plus RSS
Banking, Finance & Accounting

PHH announces completion of $350M offering of senior notes

By ,

Mount Laurel-based mortgage outsourcing company PHH Corp. announced Wednesday the completion of its $350 million tender offer for 9.25 percent senior notes due 2016. The tender agent estimated approximately $280 million aggregate principal amount of the 2016 notes had been tendered.

According to the announcement, approximately $170 million aggregate principal amount of 2016 notes remain outstanding.

Citigroup Global Markets Inc., Barclays Capital Inc. and BofA Merrill Lynch acted as dealer managers and solicitation agents for the tender offer and the consent solicitation. The tender agent and information agent was Global Bondholder Services Corporation.

You May Have Missed...

• Englewood Hospital's MDPartners eyes expansion • Deadline nearing for new contracts at Rutgers • Realty reality: Cutting-edge tech meets human skill • Blunt talk from NJCIA's O'Beirne

Write to the Editorial Department at editorial@njbiz.com

Related Stories

• Avison Young teeing off on golf headquarters upgrades• Sanofi licenses Pozen cardio drugs in deal worth at least $15M• Rockwood completes $1.96B CeramTec sale• Chambers Street leases more than 50,000 square feet• Prince Global Sports reaches deal to grow in Canada• $200M Port at Paulsboro: Building a hub for South Jersey commerce• Mack-Cali reports joint venture completion, stock purchases• Paterson's new supermarket opens to anchor $35M redevelopment project

Leave a Comment

test

Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy

Comments

Also on NJBIZ.com
American Water readying corporate HQ on Camden's waterfront American Water readying corporate HQ on Camden's waterfront
Proposed bill lets pet owners bring their dogs into microbreweries Proposed bill lets pet owners bring their dogs into microbreweries
ACG diversity forum: 'Courageous conversations' ACG diversity forum: 'Courageous conversations'
close
NJBIZ.com
Latest News NJBIZ in Print Subscribe to Print Subscribe to Email Newsletters Special Editions Lists Events Blogs
Advertising With NJBIZ
Media Kit Advertise in Print Advertise Online Event Sponsorships Production Info
Customer Service
Contact NJBIZ Help & FAQ About NJBIZ NJBIZ Staff Directions Terms and Conditions Privacy Policy
Resources
Archive Search Business Lists
Services
Employee Engagement Surveys
Listrak
BridgeTower Media

© 2018 BridgeTower Media. All information on this site is copyrighted by BridgeTower Media. All images are the sole property of BridgeTower Media and no rights are granted for any use without the express written consent of BridgeTower Media.