Compass has completed its acquisition of Anywhere Real Estate, merging hundreds of thousands of real estate agents, and familiar brokerages, under one roof. 

The deal will also combine retail lender Guaranteed Rate's separate joint ventures with each company into one, the businesses previously confirmed. The combined industry giant will cover over 200,000 real estate agents in the U.S. alone, according to information each side released last year.

To help finance the transaction, Compass raised $1 billion in convertible senior notes due 2031, with an interest rate of 0.25%, according to a Securities and Exchange Commission filing posted Friday. Those investors can convert those shares into stock if the price reaches around $15.98 per share.

As of late Friday morning, Compass, trading at the New York Stock Exchange under the COMP symbol, was trading around $13.18 a share.

Compass founder Robert Reffkin, who is chairman and CEO of the new combined entity, has anticipated Anywhere adding over $1 billion in revenue from its franchises and ancillary product offerings including title, escrow and relocation services. The brokerage on Friday hinted at its fourth quarter earnings, including revenue around $1.69 billion. 

In a public letter, Reffkin confirmed the business' brands would continue to operate independently. That includes Anywhere brands Better Homes and Gardens Real Estate; Century 21; Christie's International Real Estate; Coldwell Banker; Corcoran; ERA Real Estate; and Sotheby's International Realty. 

Prior to the merger, Compass, founded in 2012, reported around 34,000 real estate professionals in 120 countries. Anywhere, which previously traded on the NYSE under the HOUS ticker symbol, touted over 300,000 agents worldwide. 

Compass alludes to Zillow spat

Reffkin, a staunch opponent of the National Association of Realtors' Clear Cooperation Policy,  hinted at industry fights in affirming the combined company's listing policies. 

Compass won't require any of its brokers to use its Private Exclusives, its exclusive marketing strategy for properties. That policy has clashed with rival Zillow, which updated its standards last year in what Reffkin described as a "Zillow ban" for his company's unique listings. Compass' lawsuit against Zillow in a New York federal court remains pending. 

Friday's letter did not reference Zillow by name. 

"While too many portals seek to insert themselves between real estate professionals and their clients in order to monetize the relationship, our site will serve as a bridge between them with the agent's name, brand and photo front and center," wrote Reffkin. "This won't just be another search tool – it is a declaration of independence."