debt
confidence high
sentiment neutral
materiality 0.50
Mr. Cooper subsidiary Nationstar issues conditional redemption notices for three senior note series
Maverick Merger Sub 2, LLC
- Nationstar will redeem all outstanding 5.000% notes due 2026, 6.000% notes due 2027, and 5.500% notes due 2028.
- Redemption date is October 1, 2025, at 100% of principal plus accrued interest.
- Redemption conditioned on consummation of Rocket-Mr. Cooper merger on or before 9:00 AM ET on redemption date.
- If merger condition is not met, Nationstar may postpone the redemption date or rescind the conditional notice.
- Merger conditions include regulatory approvals, stockholder approval, and customary closing conditions.
item 8.01