SOURCE: Realogy Holdings Corp.

Realogy Holdings Corp.

October 12, 2012 09:15 ET

Realogy Announces Full Exercise of Underwriters' Option to Purchase Additional Shares

PARSIPPANY, NJ--(Marketwire - Oct 12, 2012) -  Realogy Holdings Corp. (NYSE: RLGY) (the "Company") today announced that the underwriters of its initial public offering exercised in full their option to purchase an additional 6,000,000 shares of common stock from the Company at the initial public offering price, less underwriting discounts and commissions. As a result, the total initial public offering size is 46,000,000 shares of common stock. Closing of the sale of the additional shares is expected to occur on October 16, 2012.

The Company expects to receive proceeds from the sale of the additional 6,000,000 shares, net of underwriters' discounts and commissions and estimated offering expenses, of approximately $154 million, resulting in aggregate net proceeds from the offering of approximately $1.2 billion. The Company intends to use the net proceeds of the offering primarily to repay outstanding indebtedness.

Goldman, Sachs & Co., J.P. Morgan Securities LLC, Barclays Capital Inc. and Credit Suisse Securities (USA) LLC are acting as the joint book runners for the offering. Citigroup, Wells Fargo Securities and BofA Merrill Lynch are acting as lead co-managers and Credit Agricole Securities (USA) Inc., Comerica Securities, Inc., CRT Capital Group LLC, Houlihan Lokey Capital, Inc., Lebenthal & Co., LLC, Loop Capital Markets LLC and Apollo Global Securities, LLC are acting as co-managers.

The offering will be made only by means of a prospectus. A copy of the final prospectus may be obtained by contacting: Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY, 10282, by calling (866) 471-2526, or by e-mailing prospectus-ny@ny.email.gs.com or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by calling (866) 803-9204.

The registration statement relating to the securities has been declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Realogy Holdings Corp.
Realogy Holdings Corp. (NYSE: RLGY), a global provider of real estate services, has a diversified business model that includes real estate franchising, brokerage, relocation and title services. Realogy's brands and business units include Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, The Corcoran Group®, ERA®, Sotheby's International Realty®, NRT LLC, Cartus and Title Resource Group. Collectively, Realogy's franchise system members operate approximately 13,500 offices with 238,500 sales associates doing business in 103 countries and territories around the world. Realogy Holdings Corp. is headquartered in Parsippany, N.J.

Cautionary Statement Regarding Forward-Looking Information
The information in this release contains forward-looking information that involves substantial risks and uncertainties regarding the proposed initial public offering by Realogy Holdings Corp. Realogy Holdings Corp. assumes no obligation to update forward-looking statements contained in this release as the result of new information or future events or developments.

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