Mr. Cooper Group has recently completed the issuance of $750 million in debt, which will be used to refinance existing mortgage servicing rights (MSRs) facilities. This move is part of the company’s strategic financial planning to optimize its capital structure and enhance its liquidity position in the market.
Key points:
– Mr. Cooper Group successfully priced the issuance of $750 million in debt
– The funds raised will specifically be utilized to refinance outstanding mortgage servicing rights (MSRs) facilities
– This financial decision reflects the company’s commitment to maintaining a strong capital structure and improving its overall liquidity position in the market.
You can read this full article at: https://www.housingwire.com/articles/mr-cooper-to-issue-750m-in-debt-following-ma-deal-with-flagstar/(subscription required)
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