other_material
confidence high
sentiment neutral
materiality 0.60
Rocket extends tender and exchange offers for Nationstar notes to Sept 30, 2025
Rocket Companies, Inc.
- Tender offer for 5.125% 2030 notes ($650M outstanding) extended to Sept 30; $574M (88.33%) tendered.
- Tender offer for 5.750% 2031 notes ($600M outstanding) extended to Sept 30; $535.8M (89.29%) tendered.
- Exchange offer for 6.500% 2029 notes ($750M outstanding) extended to Sept 30; $738M (98.41%) tendered.
- Exchange offer for 7.125% 2032 notes ($1B outstanding) extended to Sept 30; $955M (95.52%) tendered.
- Both actions are conditions to closing the pending Mr. Cooper acquisition; Company expects further extensions.
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