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May 03, 2015 2:16 PM ET

Real Estate Management and Development

Company Overview of Realogy Group LLC

Company Overview

Realogy Group LLC provides real estate and relocation services in the United States and internationally. The company operates in four segments: Real Estate Franchise Services, Company Owned Real Estate Brokerage Services, Relocation Services, and Title and Settlement Services. The Real Estate Franchise Services segment franchises residential real estate brokerages through Century 21, Coldwell Banker, Coldwell Banker Commercial, ERA, Sotheby’s International Realty, and Better Homes and Gardens Real Estate brands. As of March 31, 2014, its franchise systems had approximately 13,600 franchised and company owned offices and approximately 247,000 independent sales associates. The Company Owned Re...

175 Park Avenue

Madison, NJ 07940

United States

Founded in 2006

Phone:

973-407-2000

Key Executives for Realogy Group LLC

Chairman, Chief Executive Officer and President
Age: 60
Chief Financial Officer, Executive Vice President and Treasurer
Age: 55
Chief Executive Officer of Cartus Corporation and President of Cartus Corporation
Age: 60
Chief Executive Officer of Realogy Franchise Group and President of Realogy Franchise Group
Age: 66
Chief Executive Officer of NRT LLC and President of NRT LLC
Age: 57
Compensation as of Fiscal Year 2014.

Realogy Group LLC Key Developments

Realogy Group LLC Redeem $332 Million Aggregate Principal Amount of Outstanding 7.875% Senior Secured Notes Due 2019

On December 22, 2014, Realogy Group LLC redeemed the approximately $332 million aggregate principal amount of outstanding 7.875% Senior Secured Notes due 2019 (the 7.875% Senior Secured Notes") in accordance with the terms and provisions of the indenture governing the 7.875% Senior Secured Notes, dated as of February 3, 2011, among Realogy Group, Realogy Holdings, Realogy Co-Issuer Corp., as co-issuer, the subsidiary guarantors party thereto, and The Bank of New York Mellon Trust Company, N.A. as trustee, at a redemption price equal to 100% of the principal amount of each such 7.875% Senior Secured Note, plus the Applicable Premium (as defined in the 7.875% Senior Secured Notes Indenture), or 104.986318%, together with accrued and unpaid interest. In connection with the redemption of the 7.875% Senior Secured Notes, Realogy Group paid total consideration of approximately $358 million, which included the applicable redemption premium and accrued and unpaid interest. Immediately following such redemption, Realogy Group cancelled the 7.875% Senior Secured Notes and discharged the 7.875% Senior Secured Notes Indenture in accordance with its terms. Realogy Group utilized the net proceeds from the offering of the 5.250% Senior Notes due 2021 consummated in November 2014, together with cash on hand, to redeem the 7.875% Senior Secured Notes.

Realogy Group LLC Announces Pricing of Offering of Senior Notes

Realogy Holdings Corp. announced that its indirect, wholly-owned subsidiary, Realogy Group LLC, together with a co-issuer, priced $300 million aggregate principal amount of 5.250% senior notes due 2021 in connection with their previously announced private offering exempt from the registration requirements of the Securities Act of 1933, as amended. The closing of the offering is expected to occur on November 21, 2014, subject to customary closing conditions. The notes will be guaranteed on an unsecured senior basis by each of Realogy Group's domestic subsidiaries (other than the co-issuer of the Notes) that is a guarantor under its senior secured credit facility and its outstanding securities. The Notes will also be guaranteed by the company on an unsecured senior subordinated basis. The Notes will be effectively subordinated to all of Realogy Group's existing and future senior secured debt, including its senior secured credit facility and its outstanding senior secured notes, to the extent of the value of the assets securing such debt. The company intends to use the net proceeds from the offering of the Notes of approximately $296 million, together with cash on hand, to redeem all of the company's approximately $332 million principal amount of outstanding 7.875% senior secured notes due 2019, and to pay the premiums, fees and expenses related thereto. The notes and the related guarantees will not be registered under the Securities Act or any state securities law and may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act and applicable state securities laws. The notes and the related guarantees will be offered in the United States only to qualified institutional buyers under Rule 144A of the Securities Act and outside the United States under Regulation S of the Securities Act.

Realogy Group LLC Proposes Offering of Senior Notes

Realogy Holdings Corp. announced that Realogy Group LLC, together with a co-issuer, is proposing to issue approximately $300 million aggregate principal amount of senior notes due 2021 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended. The Notes will be guaranteed on an unsecured senior basis by each of Realogy Group's domestic subsidiaries that is a guarantor under its senior secured credit facility and its outstanding securities. The Notes will also be guaranteed by the company on an unsecured senior subordinated basis. The Notes will be effectively subordinated to all of Realogy Group's existing and future senior secured debt, including its senior secured credit facility and its outstanding senior secured notes, to the extent of the value of the assets securing such debt. The company intends to use the net proceeds from the offering of the Notes of approximately $296 million, together with cash on hand, to redeem all of the company's approximately $332 million principal amount of outstanding 7.875% senior secured notes due 2019, and to pay the premiums, fees and expenses related thereto. The proposed offering of the Notes is subject to market and other conditions, and may not occur as described or at all. The Notes and the related guarantees will not be registered under the Securities Act or any state securities law and may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act and applicable state securities laws. The Notes and the related guarantees will be offered in the United States only to qualified institutional buyers under Rule 144A of the Securities Act and outside the United States under Regulation S of the Securities Act.

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