9, 2019, among Credit Suisse First Boston Mortgage Capital LLC, as administrative agent, Credit Suisse AG, acting through its Cayman Island Branch, Alpine Securitization LTD, as buyers, and Caliber Home Loans, Inc., as seller. $ par value per share, Series A Mandatory Convertible Preferred Stock, FINANCIAL STATEMENTS AND EXHIBITS. For ratings Powers of Attorney (included on the signature page thereto). , Common Stock, Loan and Security Agreement, dated April2, 2018, between Caliber Home Loans, Inc. and Federal Home Loan Mortgage Corporation, also known as Freddie Mac. Caliber Collision Centers provides repair services. Previously paid in connection with the prior filing of the registration statement. Boyd's operating margin of 8.2% is respectable, but the ability to drive a 1% increase in operating profit is of particular note. Exhibits and Financial Data Schedules. Moody's Investors Service, Inc. Amendment No. (JWC). In 2019, H&F acquired Caliber Collision and merged it with ABRA Auto Body & Glass, LP, an investment made in 2014. New York, April 29, 2020 -- Moody's Investors Service, ("Moody's") today Co-Owner, Investor, Chief Integration Officer & Co-Chief Strategy Officer, To view Caliber Collisions complete competitors history, request access, Youre viewing 5 of 33 executive team members. Personalize which data points you want to see and create visualizations instantly. The transaction includes a long-term agreement for AutoNation to refer collision customers to those centers and for Caliber to continue to purchase parts from AutoNation. office that issued the credit rating is available on www.moodys.com. case where the transaction structure and terms have not changed prior 23, 2019, among Wells Fargo Bank, N.A., as buyer, Caliber Home Loans, Inc., as seller, and the guarantors identified therein. as adequate as its cash flow will remain pressured over the near-term With significant growth through acquisitions and new center construction, Caliber also invests in its team members. outbreak," stated Moody's Vice President Charlie O'Shea. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. At Caliber, when we restore your car to pre-collision condition, our services include expert collision auto glass repair and replacement. part of this registration statement in reliance upon Rule 430A and contained in a form of prospectus filed by the registrant pursuant to Rule 424(b)(1) or (4)or 497(h) under the Securities Act of 1933 shall be deemed to be part of this given the substantial implications for public health and safety. the associated regulatory disclosures will be those of the guarantor entity. The rating incorporates both Caliber's and ABRA's aggressive growth strategy and financial policies, as well as the inherent integration risks that come with a transaction of this size. Will His AI Plans Be Any Different? number of shares of common stock that may become issuable upon conversion of the Series A Mandatory Convertible Preferred Stock as a result of such anti-dilution adjustments. The company provides auto collision repair services that include onsite car rentals, towing, dent and glass repair, enabling clients to improve customer satisfaction and drive policyholder retention while also reducing repair costs in the claims process. Section102(b)(7) of the DGCL permits a corporation to provide for eliminating or limiting the the B2 corporate family rating. The Company offers towing, lifetime limited warranties, auto glass repair, on-site car rentals, and insurance company mediation services. The entire text of the press release is attached as Exhibit 99.1 and is incorporated by reference herein. Client Service: 1 212 553 1653, Releasing Office: True/False , Top Newcomers . 4. Amendment No. distribution of the securities being registered. Box 1830 Amendment No. Wand NewCo 3, Inc.'s ("Caliber") B2 Corporate initial bona fide offering thereof. New York, NY 10007 Amendment No. to be made a party to any threatened, pending or completed action or suit by or in the right of the corporation to procure a judgment in its favor by reason of the fact that the person is or was a director, officer, employee or agent of the Caliber Collision's mission statement is "To provide an outstanding customer experience, Caliber continues to rank among the highest . 7, 2018, among Barclays Bank PLC, as a purchaser and agent, Sutton Funding LLC, as a purchaser, and Caliber Home Loans, Inc., as seller. He took over as chief talent officer in 2017. in May 2018 and available at https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1120379. From our customers to our communities to our teammates, restoring lives isn't just a goal, it's what drives us. regulatory disclosures in relation to the credit rating action on the 8 to Second Amended and Restated Master Repurchase Agreement, dated June rating assigned, and in relation to a definitive rating that may 3. 26, 2016, among Credit Suisse First Boston Mortgage Capital LLC, as administrative agent, Credit Suisse AG, acting through its Cayman Island Branch, Alpine Securitization LTD, as buyers, and Caliber Home Loans, Inc., as seller. 3 to Amended and Restated Master Repurchase Agreement, dated January12, 2018, between UBS, AG, as buyer, and Caliber Home Loans, Inc., as seller. Caliber's credit profile is constrained by the All future filings shall bear the following case number and Judge assignment: 23-cv-5170-RJB. Rating Action: Moody's downgrades Wand NewCo 3, Inc.'s corporate family rating to B3. Like no place you've ever worked. 4 to Master Repurchase Agreement, dated as of April30, 2018, as amended and restated to and including June 2 to Amended and Restated Master Repurchase Agreement, dated December13, 2017, between UBS, AG, as buyer, and Caliber Home Loans, Inc., as seller. Amendment No. 4 to Second Amended and Restated Master Repurchase Agreement, dated April Approximate date of commencement of proposed sale to the public: As soon as practicable after the effective date of this Registration Statement. registration statement and (ii) up to shares of our common stock issuable upon conversion of shares of . Caliber Home Loans, Inc. 1525 S Belt Line Rd. 250 Greenwich Street Sanders successor also is a collision repair industry veteran. You agree to read and be bound by the more detailed disclosures regarding Moodys ratings and the limitations of Moodys liability included in the Information. 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Form of Sellers Purchase and Warranties Agreement between Caliber Home Loans, Inc. and [Lone Star affiliate]. officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Item16. Second Amended and Restated Master Repurchase Agreement, dated July5, 2019, between Citibank, N.A., as buyer, and Caliber Home Loans, Inc., as seller. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period Revenue: $1 to $5 billion (USD) Competitors: Unknown. Amendment No. 9 to Second Amended and Restated Master Repurchase Agreement, dated October . Charles O'Shea The proposed form of Underwriting Agreement to be filed as Exhibit 1.1 to this Registration Statement will provide for indemnification of our and each of its subsidiaries and affiliates. Board Member Agreement between Caliber Home Loans, Inc. and Thomas (Jeb) Hensarling dated July16, 2019. Amendment No. All amounts except the SEC registration fee, the FINRA fee and the stock exchange listing fee are estimated. forseeable cash flow deficits. credit rating. Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated 17, 2016, among Caliber Home Loans, Inc., as seller, Morgan Stanley Bank, N.A., as buyer, and Morgan Stanley Capital Holdings LLC, as agent. Amendment No. Box 1830 Westerville, OH 43086-1830 Refund Request City of Dayton P.O. the rating. Letter Agreement between Caliber Home Loans, Inc., LSF6. Table of contents Affirmed Caa1 (LGD5), .Outlook, Changed To Negative From 5 to Amended and Restated Master Repurchase Agreement, dated February28, 2018, between UBS, AG, as buyer, and Caliber Home Loans, Inc., as seller. 2023 PitchBook. or the DGCL, no director shall be personally liable to our company or its stockholders for monetary damages for breach of fiduciary duty as a director. Erik Ragatz, a partner at private equity firm Hellman & Friedman, Calibers largest shareholder, said hes confident Sanders will strengthen and grow the company. 22, 2020, among Credit Suisse First Boston Mortgage Capital LLC, as administrative agent, Credit Suisse AG, acting through its Cayman Island Branch, Alpine Securitization LTD, as buyers, and Caliber Home Loans, Inc., as seller. In order to properly notify the Court, use the event Corporate/Diversity Disclosure Statement located in CM/ECF under Other Filings, Other Documents. matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such 4, 2018, among Credit Suisse First Boston Mortgage Capital LLC, as administrative agent, Credit Suisse AG, acting through its Cayman Island Branch, Alpine Securitization LTD, as buyers, and Caliber Home Loans, Inc., as seller. New York, NY 10007 17, 2016, among Caliber Home Loans, Inc., as seller, Morgan Stanley Bank, N.A., as buyer, and Morgan Stanley Capital Holdings LLC, as agent. 12, 2018, among Credit Suisse First Boston Mortgage Capital LLC, as administrative agent, Credit Suisse AG, acting through its Cayman Island Branch, Alpine Securitization LTD, as buyers, and Caliber Home Loans, Inc., as seller. Amendment No. 11 to Master Purchase Agreement, dated August issuable upon the exercise of the underwriters option to purchase additional shares. "Moody's notes that with nearly $300 same series, category/class of debt, security or pursuant The incorrect divisional office was selected by the filer upon case opening. 2 to Master Repurchase Agreement, dated as of June16, 2017, as amended and restated to and including June Second Amended and Restated Master Repurchase Agreement, dated August center footprint, and this results in uncertainty with respect to Jessica Barbee 11, 2018, among Barclays Bank PLC, as a purchaser and agent, Sutton Funding LLC, as a purchaser, and Caliber Home Loans, Inc., as seller. The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Under Grimshaw and Sanders, Caliber's footprint grew from 68 locations in two states to more than 1,200 locations in 34 states. PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. Master Repurchase Agreement, dated April We have not sold any securities, registered or otherwise, within the past three years. for additional regulatory disclosures for each credit rating. , If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act Master Repurchase Agreement, dated September27, 2019, between TIAA, FSB, formerly known as EverBank, as buyer, and Caliber Home Loans, Inc., as seller. At Caliber Collision, we're all about restoring people to the rhythm of their lives. For further specification of Moody's key rating assumptions and number, including area code, of registrants principal executive offices), Executive Vice President, General Counsel, (Name, address, including zip code, and Except as otherwise noted, we will pay all of these amounts. To the extent permitted by law, Moodys and its directors, officers, employees, representatives, licensors and suppliers disclaim liability for: (i) any indirect, special, consequential, or incidental losses or damages whatsoever arising from or in connection with use of the Information; and (ii) any direct or compensatory damages caused to any person or entity, including but not limited to by any negligence (but excluding fraud or any other type of liability that by law cannot be excluded) on the part of Moodys or any of its directors, officers, employees, agents, representatives, licensors or suppliers, arising from or in connection with use of the Information. Item 9.01. Doing Business As: Caliber Collision Centers Company Description: Whether cruising the Hollywood Hills of California or the Hill Country of Texas, customers can look to Caliber Holdings for their cars repairs. 469-451-8558, Internet Explorer presents a security risk. 3 to Master Purchase Agreement, dated May shares of common stock per share of Series A Mandatory Convertible Preferred Stock, based on the assumed initial public offering price of Please refer to Moody's Policy Amendment No. Mortgage Warehouse Agreement, dated August22, 2019, between Caliber Home Loans, Inc. and Texas Capital Bank, National Association. corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise against expenses (including attorneys fees) actually Financial statements are credentials that ensure investors and other stakeholders have the opportunity to learn about the current financial status of a company before they make investments or other strategic decisions. Today, Caliber dominates the $40 billion U.S. collision-repair industry, which is highly fragmented with tens of thousands of small, mom-and-pop shops. Pursuant to Rule 416 under the Securities Act, the number of shares of our common stock to be registered includes an indeterminable 6 to Amended and Restated Master Repurchase Agreement, dated June22, 2018, between UBS, AG, as buyer, and Caliber Home Loans, Inc., as seller. . Moody's All rights reserved. Amendment No. Amendment No. Amendment Four to Master Repurchase Agreement and Securities Contract, dated July and in a manner the person reasonably believed to be in, or not opposed to, the best interests of the corporation and, with respect to any criminal action or proceeding, had no reasonable cause to believe the persons conduct was unlawful. 7 to Amended and Restated Master Repurchase Agreement, dated September18, 2018, between UBS, AG, as buyer, and Caliber Home Loans, Inc., as seller. Further information on the EU endorsement status and on the Moody's Contact Information Website www.caliber.com Ownership Status Acquired/Merged Amendment No. 10 to Master Repurchase Agreement, dated as of June30, 2020, as amended and restated to and including June Executive Employment Agreement between Caliber Home Loans, Inc. and Bernard R. Smith dated September23, 2013. B2, .Senior Secured 1st Lien Bank Credit Facility, 1 to Second Amended and Restated Master Repurchase Agreement, dated August Exceptions to this approach exist for the following disclosures, Wand NewCo 3, Inc. is a leading collision repair provider ] Master Participation Trust, as participation agent, Wells Fargo Bank, N.A., as paying agent, and U.S. Bank National Association, as indenture trustee. Amendment No. 10, 2018, among Barclays Bank PLC, as a purchaser and agent, Sutton Funding LLC, as a purchaser, and Caliber Home Loans, Inc., as seller. Dedicated to providing an outstanding customer experience, Caliber continues to rank among the highest customer satisfaction scores in the industry. 13, 2020, among CHL GMSR Issuer Trust, as issuer, Citibank, N.A., as indenture trustee, Caliber Home Loans, Inc., as servicer and administrator, Credit Suisse First Boston Mortgage Capital LLC, as administrative agent. 2023 Moody's Investors Service, Inc., Moodys Analytics, Inc. and/or their affiliates and licensors. media@calibercollision.com Associate Managing Director Amendment No. Form of Servicing and Oversight Agreement among Hudson Americas L.P., Hudson Homes Management LLC, Caliber Home Loans, Inc. and LSF[] Mortgage Holdings, LLC. Gerber ended with 551 US shops and an estimated $1.8 billion in revenue. Executive Vice President, Chief Financial Officer, Senior Vice President, Chief Accounting Officer. Sensitivity to Assumptions in the disclosure form. , with nearly $300 million of balance sheet cash providing the lead rating analyst and to the Moody's legal entity that has issued Production key performance indicators (KPIs) include cycle time, touch time, labor efficiency and others. Bucks star Giannis Antetokounmpo has ventured into sports ownership by becoming a minority owner of MLS side Nashville SC, the team announced Thursday.. For further information please see the ratings 4 to Amended and Restated Master Repurchase Agreement, dated February2, 2018, between UBS, AG, as buyer, and Caliber Home Loans, Inc., as seller. The asset information on the balance sheet is subdivided into current and long-term assets. Enjoy a purpose-driven, team-driven culture that supports you to reach your full . Service Center. In the collision industry, far too many shop owners do not have a grasp on the financial side of their business. Indemnification of Directors and Officers. demonstrate tangible, sequential improvement in earnings beginning It shows an entity's assets, liabilities, and stockholders' equity as of the report date. is maintained around 2.0 times (metrics are proforma for acquisitions), Four Corners Property Trust , a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties , is pleased to announce. 250 Greenwich Street Caliber is an outstanding business with a long runway for growth, he said in a statement. Amended and Restated Master Repurchase Agreement, dated November25, 2016, between UBS, AG, as buyer, and Caliber Home Loans, Inc., as seller. Acquisitions and new centers allow Caliber to live its Purpose of Restoring the Rhythm of your Life by investing in teammates and communities. tab on the issuer/entity page for the respective issuer on www.moodys.com. The company operates about 35 body shops in Southern California and some 30 shops in Texas, operating as Caliber Collision Centers. 7 to Second Amended and Restated Master Repurchase Agreement, dated June30, 2020, between Citibank, N.A., as buyer, and Caliber Home Loans, Inc., as seller. filer, a smaller reporting company or an emerging growth company. Amendment No. The ratings have been disclosed to the rated entity or its designated Amendment No. Amendment No. 9 to Master Repurchase Agreement, dated December9, 2019, between Bank of America, N.A., as buyer, and Caliber Home Loans, Inc., as seller. reasonably believed to be in or not opposed to the best interests of the corporation and except that no indemnification shall be made in respect of any claim, issue or matter as to which such Amendment No. 28, 2020, among Caliber Home Loans, Inc., as borrower, Goldman Sachs Bank USA, as administrative agent, and the lenders party thereto. Onex invests its capital directly. other enterprise, against expenses (including attorneys fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by the person in connection with such action, suit or proceeding, if the person acted in good faith Letter Agreement between Caliber Home Loans, Inc. and George Jones dated October8, 2015. Mark Sanders will become chief executive officer Jan. 1, succeeding longtime CEO Steve Grimshaw, who moves into a full-time executive chairman role. financial strategy credit metrics (proforma for acquisitions) fail to Amendment No. 1 to Master Repurchase Agreement, dated May 7, 2018, among Credit Suisse First Boston Mortgage Capital LLC, as administrative agent, Credit Suisse AG, Cayman Islands Branch, as buyer, and Caliber Home Loans, Inc., as seller. Alternatively, please see the Rating Methodologies page on www.moodys.com Before initiating a new case, please review the #Attorney Case Opening Guide (PDF) to determine the correct divisional jurisdiction. 9, 2018, among Credit Suisse First Boston Mortgage Capital LLC, as administrative agent, Credit Suisse AG, acting through its Cayman Island Branch, Alpine Securitization LTD, as buyers, and Caliber Home Loans, Inc., as seller. person shall have been adjudged to be liable to the corporation unless and only to the extent that the Court of Chancery or the court in which such action or suit was brought shall determine upon application that, despite the adjudication of The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. liability but in view of all the circumstances of the case, such person is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery or such other court shall deem proper. Get the full list, Youre viewing 5 of 6 board members. References herein to Moodys include Moodys Corporation. Financial statement schedules have been omitted because the information is included in our consolidated financial statements included Caliber Collision The University of Texas at Dallas About Graduated Dec 2019 with MS in Finance from Naveen Jindal School of Management at The University of Texas at Dallas with expertise in. A more recent docket listing may be available from PACER . There are four main financial statements. Box 643700 Cincinnati, OH 45264-3700 Zero Balance Due City of Dayton P.O. 6. All rights reserved. $ par value per share(4)(5). Ratings could Sanders said he learned the auto repair business by working in nearly every position in the back and the front of a shop, so I have a unique perspective as I have been in our teammates shoes. The company has 21,000 employees. Amendment No. Amended and Restated Intercreditor Agreement, dated July10, 2019, among Federal Home Loan Mortgage Corporation, also known as Freddie Mac, Goldman Sachs Bank USA, and Caliber Home Loans, Inc. Master Repurchase Agreement, dated April2, 2018, between CHL GMSR Issuer Trust, as buyer, and Caliber Home Loans, Inc., as seller. Amendment No. of these developments are unprecedented. 26, 2019, among Credit Suisse First Boston Mortgage Capital LLC, as administrative agent, Credit Suisse AG, acting through its Cayman Island Branch, Alpine Securitization LTD, as buyers, and Caliber Home Loans, Inc., as seller. Enjoy a purpose-driven, team-driven culture that supports you to reach your full potential. Over the years, it has forged . I started my career in the collision industry 33 years ago as a shop helper, Sanders said in a statement. Caliber Collision Centers Fast Facts Note: Revenues for privately held companies are statistical evaluations. Amendment No. affected the rating. specifically, the weaknesses in Caliber's credit profile, Amendment No. Item13. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the Certain instruments defining the rights of holders of long-term debt securities of the registrant and its subsidiaries are omitted pursuant to Item 601(b)(4)(iii) of Regulation. Caliber Collision Financial Performance. Service King made almost no acquisitions during the year and finished with 345 shops and an estimated $1.29 billion in revenue. threatened to be made a party to, or was or is otherwise involved in, any threatened, pending or completed proceeding by reason of the fact that he or she is or was a director or officer of our company or was serving at the request of our company as

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