Ocwen Financial repays portion of senior secured term loan

By Marisa Wong

Morgantown, W.Va., Dec. 21 – Ocwen Financial Corp. paid down about $5 million of its senior secured term loan on Monday, according to an 8-K filing with the Securities and Exchange Commission.

Following this paydown and an upcoming scheduled quarterly amortization payment on Dec. 31, the company will have about $398.5 million outstanding under the term loan.

Based in Atlanta, Ocwen provides residential and commercial mortgage loans.

© 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.