Is UWM’s plan to shed the “meme stock” label?
Housing Wire
NOVEMBER 18, 2021
On Monday, UWM announced plans to borrow $500 million through notes that come due in 2027, at a 5.75% interest rate. The company at the time had a valuation of $16.1 During the first three quarters of 2021, UWM reported $1.33 The proceeds will “be used for general corporate purposes and to fund future growth,” UWM said.
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