Item 1.01. Entry into a Material Definitive Agreement.
On
The Amendment:
• terminates the revolving commitments dueFebruary 2023 and extends the maturity of the$1,100 million resulting Revolving Credit Facility toJuly 2027 , subject to the springing maturity dates described below: • if on or beforeMarch 2, 2023 , the 4.875% Senior Notes have not been extended, refinanced or replaced to have a maturity date afterOctober 26, 2027 (or are not otherwise discharged, defeased or repaid byMarch 2, 2023 ), the maturity date of the Revolving Credit Facility will beMarch 2, 2023 ; • if on or beforeMarch 16, 2026 , the 0.25% Exchangeable Senior Notes have not been extended, refinanced or replaced to have a maturity date afterOctober 26, 2027 (or are not otherwise discharged, defeased or repaid byMarch 16, 2026 ), the maturity date of the Revolving Credit Facility will beMarch 16, 2026 ; and • if on or beforeFebruary 8, 2025 , the "term A loans" under the Company's Term Loan Agreement, dated as ofOctober 23, 2015 (as amended, amended and restated, modified or supplemented from time to time), have not been extended, refinanced or replaced to have a maturity date afterOctober 26, 2027 (or are not otherwise repaid byFebruary 8, 2025 ), the maturity date of the Revolving Credit Facility will beFebruary 8, 2025 ; • makes certain other modifications to the Credit Agreement; and • replaces LIBOR with a Term SOFR-based rate as the applicable benchmark for the Revolving Credit Facility (the applicable margin for the Revolving Credit Facility remains the same, but the Term SOFR-based rate will include a 10 bps credit spread adjustment).
The foregoing summary of the Amendment is not complete and is qualified in its entirety by reference to the full and complete text of the Amendment, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits Exhibit No. Description 10.1 Eleventh Amendment, dated as ofJuly 27, 2022 , to the Amended and Restated Credit Agreement, dated as ofMarch 5, 2013 (as amended, supplemented or otherwise modified from time to time), amongAnywhere Intermediate Holdings LLC (f/k/aRealogy Intermediate Holdings LLC ),Anywhere Real Estate Group LLC (f/k/aRealogy Group LLC ), the several lenders parties thereto from time to time,JPMorgan Chase Bank, N.A ., as administrative agent for the lenders, and the other agents parties thereto. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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