loanDepot Inc. Announces $150 Million Series 2025-GT2 Term Notes Issuance in New Financing Agreement with <a href="https://laohu8.com/S/C">Citibank</a> and Nomura
loanDepot.com, LLC, a subsidiary of loanDepot Inc., has entered into a significant financial agreement with various entities, including Citibank and Nomura Corporate Funding Americas, LLC. On July 23, 2025, the company finalized the Series 2025-GT2 Indenture Supplement, which allows its subsidiary, loanDepot GMSR Master Trust, to issue $150 million in Series 2025-GT2 term notes. These notes are primarily secured by a participation certificate linked to Ginnie Mae mortgage servicing rights. The notes, priced at a variable interest rate based on SOFR, will mature on July 16, 2030, with monthly payments scheduled for the 16th of each month. The transaction, conducted privately, targets qualified institutional buyers and exempts from standard Securities Act registration requirements.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. loanDepot Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001831631-25-000141), on July 25, 2025, and is solely responsible for the information contained therein.
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