Latham Advises on UWM Holdings Corporation’s Upsized US$1 Billion Senior Notes Offering
UWM Holdings Corporation (NYSE: UWMC) has announced that its direct subsidiary, UWM Holdings, LLC (UWM Holdings), priced its offering of US$1.0 billion aggregate principal amount of 6.250% senior notes due 2031 (the Notes). The aggregate principal amount of the offering was increased from the previously announced offering size of US$600 million. UWM Holdings expects the closing of the Notes to occur on September 16, 2025, subject to customary closing conditions.
Latham & Watkins LLP represents the initial purchasers in the offering with a Capital Markets team led by Stelios Saffos, Global Chair of Latham’s Capital Markets Practice, and partners Andrew Baker and Brittany Ruiz, with associates Giulia Franzoso, Alex Gulino, and Haila Al-Khalaf. Advice was also provided on tax matters by partner Elena Romanova, with associate Grace Jang.