05:24 PM EDT, 09/09/2025 (MT Newswires) -- UWM Holdings ( UWMC ) said late Tuesday that its UWM Holdings, LLC unit priced an upsized offering of $1 billion of $6.25% senior notes due 2031.

Net proceeds will be used to repay 5.5% senior notes due Nov. 15, 2025, outstanding mortgage servicing rights facilities, and for working capital, the company said.

The offering is expected to close on Sept. 16, subject to closing conditions, according ot a statement.