loanDepot concludes $500M debt extension
Housing Wire
JUNE 20, 2024
A loanDepot subsidiary, LD Holdings Group LLC, will exchange its outstanding senior notes due in 2025, paying 6.5%, for senior secured notes due in 2027, paying 8.75%, according to an 8-K filing sent Thursday to the Securities and Exchange Commission (SEC). Investors representing 96% of the old notes tendered and accepted the transaction.
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