loanDepot Inc., which decided to put a planned initial public offering on hold late last year, has now tapped the debt markets for $150 million.
In October 2015, the Foothill Ranch, California-based firm revealed that it planned an IPO, though no details about the amount were disclosed.
But the following month, loanDepot postponed the planned IPO amid rocky conditions in the stock market when multiple IPOs were put on hold.
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From:: Financing