MADISON, NJ-The home sales recovery will allow Realogy Holding Corp. to negotiate a lower rate next year on $1.9 billion in senior debt.

The real estate services company is seeking to further reduce the interest rate it pays on a $1.9-billion term loan it re-priced in February, according to Anthony Hull, Realogy’s chief financial officer. It currently pays 3.5 percentage points more than the London interbank offered rate, with a 1% minimum on the benchmark, according to data compiled by Bloomberg. Realogy raised $1.08 billion in an initial public offering in October 2012 and used the proceeds to reduce its corporate debt.

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