Anywhere Real Estate to Issue $500 Million Senior Secured Second Lien Notes Due 2030

BY MT Newswires | CORPORATE | 06/17/25 09:14 AM EDT

09:14 AM EDT, 06/17/2025 (MT Newswires) -- Anywhere Real Estate (HOUS) said Tuesday its Anywhere Real Estate Group and Anywhere Co-Issuer units are planning to issue $500 million of senior secured second lien notes due 2030 in a private offering.

The company said it plans to use the net proceeds to repurchase its 0.25% exchangeable senior notes due 2026 and to repay a part of its outstanding borrowings under its revolving credit facility.

Anywhere Real Estate (HOUS) shares were down 7.4% in recent premarket activity.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article