- Guild Holdings Company (GHLD, Financial) is engaged in preliminary discussions with Bayview Asset Management for a potential commercial relationship or corporate transaction.
- Bayview currently holds 7.3% of Guild’s total Class A common stock but less than 1% of the total voting power.
- No definitive agreements have been reached, and there is no certainty that discussions will lead to a transaction.
Guild Holdings Company (GHLD), a San Diego-based mortgage lender, has announced ongoing discussions with Bayview Asset Management, LLC regarding a potential commercial relationship and possible corporate transactions, which could include a significant minority investment, merger, or asset purchase. These discussions remain in the preliminary stages, and no definitive terms have been agreed upon.
In the Schedule 13D filing with the U.S. Securities and Exchange Commission, it was noted that Bayview beneficially owns 7.3% of Guild’s total Class A common stock. However, this stake provides Bayview with less than 1% of the total voting power in Guild's outstanding common stock.
Guild Holdings Company, through its subsidiary Guild Mortgage, operates across 49 states and the District of Columbia, offering a variety of residential mortgage products. The company employs a relationship-based loan sourcing strategy aimed at facilitating homeownership.
Guild Holdings has emphasized that it will not comment on any speculation regarding potential transactions or their terms, and urges caution regarding any forward-looking statements, as they are subject to risks and uncertainties inherent in the mortgage finance sector.
