debt
confidence high
sentiment neutral
materiality 0.60
UWM Holdings upsizes senior notes offering to $800M at 6.625% due 2030
UWM Holdings Corp
- UWM Holdings, LLC priced $800M of 6.625% senior unsecured notes due 2030, upsized from $500M.
- Notes will be guaranteed by United Wholesale Mortgage, LLC on a senior unsecured basis.
- Net proceeds to pay down outstanding amounts on MSR facilities and for general corporate purposes.
- Closing expected December 10, 2024; notes issued at 100% of face value.