---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-023966"
form_type: "8-K"
ticker: "WD"
cik: "0001497770"
company_name: "Walker & Dunlop, Inc."
filed_at: "2025-03-14T23:59:59+00:00"
generated_at: "2026-05-24T18:12:03.108087+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Walker & Dunlop issues $400M 6.625% senior notes due 2033, refinances term loan

## Summary
- Issued $400M aggregate principal amount of senior unsecured notes due April 1, 2033, bearing interest at 6.625% per annum.
- Entered amended and restated credit agreement providing $450M term loan maturing March 14, 2032, and $50M revolving credit facility maturing March 14, 2028.
- Proceeds used to refinance and reduce the prior $800M term loan and for general corporate purposes.
- Notes are guaranteed on a senior unsecured basis by certain subsidiaries; contain change of control repurchase at 101%.
- Credit agreement includes financial covenant requiring Asset Coverage Ratio not less than 1.50 to 1.00, tested quarterly.

## SEC filing metadata
- accession: 0001104659-25-023966
- form_type: 8-K
- ticker: WD
- cik: 0001497770
- company_name: Walker & Dunlop, Inc.
- filed_at: 2025-03-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1497770/000110465925023966/0001104659-25-023966-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1497770/000110465925023966/tm258986d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-023966
- JSON: https://secwatch.observer/filing/0001104659-25-023966.json
- Plain text: https://secwatch.observer/filing/0001104659-25-023966.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.