Mr. Cooper to issue $750M in debt following M&A deal with Flagstar
Housing Wire
JULY 30, 2024
” Mortgage lenders and servicers have been active in the debt market of late. Pennymac also issued new debt last year that will mature in December 2029 and pay 7.875% annually. Meanwhile, Rithm Capital priced an offering of $775 million in aggregate principal of senior unsecured notes due in 2029 at 8% per year.
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