Realogy’s Extension of Its Credit Facilities

Simpson Thacher represented JPMorgan Chase Bank, N.A., as administrative agent, in the transaction.

Realogy Group LLC (“Realogy”) extended the maturity dates of its credit facilities, for approximately $237 million of the term loan A facility and $948 million of the revolving credit facility by two years from February 8, 2023 to February 8, 2025.

Realogy is the leading and most integrated provider of residential real estate services in the U.S. Realogy delivers its services through its portfolio of industry leading franchise brokerage brands, including Better Homes and Gardens® Real Estate, Century 21®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA® and Sotheby’s International Realty®.

The Simpson Thacher team included William B. Sheehan (Picture), Dorothy Hector and Kyle Nelson (Banking and Credit); and Jon Cantor and Abigail Hopper (Tax).

Involved fees earner: Jonathan Cantor – Simpson Thacher & Bartlett; Dorothy Hector – Simpson Thacher & Bartlett; Abigail Hopper – Simpson Thacher & Bartlett; Kyle Nelson – Simpson Thacher & Bartlett; William Sheehan – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: JP Morgan Chase & Co.;

Author: Martina Bellini