Cahill Represents Initial Purchasers in a $600 Million Notes Offering for Nationstar Mortgage Holdings Inc.
Date: 11/04/21
Cahill represented the initial purchasers in connection with a Rule 144A offering of $600,000,000 aggregate principal amount of 5.75% senior notes due 2031 by Nationstar Mortgage Holdings Inc., a direct wholly-owned subsidiary of Mr. Cooper Group Inc. Proceeds from the offering will be used for general corporate purposes, including, without limitation, the purchase of mortgage servicing rights. Mr. Cooper is a leading servicer and originator of residential mortgage loans.