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Latham Advises on Mr. Cooper Group Inc.’s US$750 Million Senior Notes Offering
August 1, 2024
Firm represents the initial purchasers in the offering by the home loan servicer.
On August 1, 2024, Mr. Cooper Group Inc. (NASDAQ: COOP) closed an offering by Nationstar Mortgage Holdings Inc., a direct wholly owned subsidiary of Mr. Cooper, of US$750 million 6.500% senior notes due 2029 in a private placement under Rule 144A and Regulation S of the Securities Act of 1933 to eligible purchasers.
Latham & Watkins LLP represented the initial purchasers in the offering with a corporate team led by New York partners Corey Wright and Erika Weinberg, with associate Robyn Sablove. Advice was also provided on tax matters by New York partner Bora Bozkurt, with New York associate Sam Yang and Washington, D.C. associate Shiyi Parsons.