secwatch.observer — SEC 8-K summary
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Issuer:     UWM Holdings Corp (UWMC)
CIK:        0001783398
Form:       8-K
Filed at:   2024-12-16T23:59:59+00:00
Accession:  0001783398-24-000053
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UWM Holdings issues $800M of 6.625% senior notes due 2030
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- $800M aggregate principal of 6.625% senior unsecured notes due Feb 1, 2030; issued at par.
- Interest payable semi-annually on Feb 1 and Aug 1, starting Aug 1, 2025.
- Notes are guaranteed by United Wholesale Mortgage, LLC; rank equally with existing unsecured senior debt.
- Redeemable at par from Feb 1, 2029; earlier redemption at 103.313% (2027) and 101.656% (2028).
- Covenants include fixed charge coverage ≥3.0x and debt-to-equity ≤2.0x for additional indebtedness.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783398/000178339824000053/0001783398-24-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783398/000178339824000053/xbrl-20241210.htm
  HTML page:      https://secwatch.observer/filing/0001783398-24-000053

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