Skip to main content

LD Holdings Group To Launch Private Offering Of Senior Unsecured Notes

Navi Persaud
Oct 21, 2020
LoanDepot logo

LD Holdings Group LLC announced its intentions to offer $400 million in aggregate principal amount of senior unsecured notes in a private offering, subject to market and other customary conditions. The notes will be guaranteed by loanDepot.com, LLC; Artemis Management LLC; LD Settlement Services, LLC and mello Holdings, LLC according to a press release.

"The company expects to use the net proceeds from the offering to repay the borrowings under its unsecured term loan and to pay down a portion of its secured credit facilities," according to the release.

"The consummation of the offering is subject to market conditions."

LD Holdings Group LLC notes that the release does not constitute an offer to sell, purchase or a solicitation to sell or purchase the notes or any other security.

Learn more about the private offering of senior unsecured notes. 

Published
Oct 21, 2020
Rocket Pro Announces Major Initiatives

Company brings Rocket Tech, the Rocket Network and Rocket Marketing to mortgage brokers across the country

Industry News
Oct 19, 2021
FormFree Taps Amazon Web Services For Consumer Financial Identity Solutions

FormFree will use Amazon's blockchain technology to manage its latest consumer Financial DNA solution and its newly introduced FormFree Exchange.

Tech
Oct 19, 2021
Synergy One Lending Increases Its Capital By $50M

San Diego-based Synergy One Lending Inc. completed a $50 million corporate note financing with a consortium of institutional investors.

Industry News
Oct 19, 2021
TransUnion Sees Untapped Growth Opportunity For The Mortgage Industry

A study conducted by TransUnion, which explores the creditworthiness of low-to-moderate income consumers, revealed that the segment represents a $300 billion growth opportunity for the mortgage industry.

Analysis and Data
Oct 19, 2021
Zillow Stock Falls After It Halts Buying Houses To Flip

Zillow’s stock fell nearly 10% Monday after the company announced its Zillow Offers division would stop buying homes.

Industry News
Oct 19, 2021
MBA Swears In New Officers For 2021-22

Kristy Fercho, executive vice president and head of home lending at Wells Fargo, is the new chairman.

Industry News
Oct 18, 2021