loanDepot restates agreement for $500 million revolver due in 2025

By Wendy Van Sickle

Columbus, Ohio, Aug. 31 – loanDepot.com, LLC, an indirect subsidiary of loanDepot, Inc., amended and restated its credit and security agreements with Goldman Sachs Bank USA as administrative agent on Aug. 25 to provide for a $500 million revolving line of credit with an expiration date of Jan. 28, 2025, according to an 8-K filing with the Securities and Exchange Commission.

The credit facility amends and restates a credit and security agreement dated Jan. 28, 2022.

loanDepot is an Irvine, Calif.-based online mortgage platform.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.