09:01 AM EST, 03/03/2025 (MT Newswires) -- Walker & Dunlop ( WD ) said Monday it intends to offer $400 million in senior unsecured notes due 2033 through a private placement.

In conjunction with the notes offering, the company said it plans to amend and restate its senior secured term loan agreement, reducing the outstanding loans to $450 million, extending the maturity date to 2032, and adding a three-year $50 million revolving credit facility.

The company said proceeds from the offering will pay down the existing senior secured term loan, cover related fees and expenses, and for general corporate purposes.