Richard Fenyes~~Anna Jarman~~Jerry Du~~J. Struhs~~Hannah Daniels~~Michael Mann~~Kris Liu~~Benjamin Wells
January 24, 2026
Mr. Cooper Group Completes $750 Million High Yield Debt Offering

1 min
AI-made summary
- Simpson Thacher advised Mr
- Cooper Group Inc
- and its subsidiary Nationstar Mortgage Holdings Inc
- in a Rule 144A/Regulation S offering of $750 million in 6.500% Senior Notes due 2029
- The proceeds from the offering will be used to repay part of Mr
- Cooper’s MSR debt facilities
- Mr
- Cooper operates in servicing, origination, and transaction-based services for single-family residences in the U.S
- under the brands Mr
- Cooper and Xome.
Simpson Thacher represented Mr. Cooper Group Inc. (“Mr. Cooper”) and its wholly owned subsidiary Nationstar Mortgage Holdings Inc. (the “Issuer”) in connection with the Rule 144A/Regulation S offering by the Issuer of $750 million aggregate principal amount of its 6.500% Senior Notes due 2029 (the “Notes”). The Issuer intends to use the net proceeds from the sale of the Notes to repay a portion of the amounts outstanding under Mr. Cooper’s MSR debt facilities.~~Mr. Cooper provides quality servicing, origination and transaction-based services related principally to single-family residences throughout the United States with operations under its primary brands: Mr. Cooper and Xome. Mr. Cooper is one of the largest home loan servicers in the country focused on delivering a variety of servicing and lending products, services and technologies. Xome provides technology and data enhanced solutions to homebuyers, home sellers, real estate agents and mortgage companies.~~The Simpson Thacher team included Richard Fenyes, Anna Jarman and Jerry Du (Capital Markets); J. Pasco Struhs and Hannah Daniels (Executive Compensation and Employee Benefits); Michael Mann and Kris Liu (Tax); Bobbie Burrows (Intellectual Property); and Ben Wells and James Hahn (’40 Act).
Article Author
Richard Fenyes~~Anna Jarman~~Jerry Du~~J. Struhs~~Hannah Daniels~~Michael Mann~~Kris Liu~~Benjamin Wells
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