Nationstar Mortgage Holdings Inc. (NYSE: NSM) (“Nationstar”), a leading residential mortgage services company, announced today the final results of the registered exchange offers (the “Exchange Offers”) by its wholly-owned subsidiaries Nationstar Mortgage LLC (the “Company”) and Nationstar Capital Corporation (together with the Company, the “Issuers”) previously announced on May 23, 2013.
The Exchange Offers pertained to all of the Issuers’ outstanding $375,000,000 aggregate principal amount of 9.625% Senior Notes due 2019 (the “2019 Initial Notes”), $400,000,000 aggregate principal amount of 7.875% Senior Notes due 2020 (the “2020 Initial Notes”) and $600,000,000 aggregate principal amount of 6.500% Senior Notes due 2021 (the “2021 Initial Notes” and, together with the 2019 Initial Notes and the 2020 Initial Notes, the “Initial Notes”), which were not registered under the Securities Act of 1933, as amended (the “Act”), for $375,000,000 aggregate principal amount of 9.625% Senior Notes due 2019 (the “2019 Exchange Notes”), $400,000,000 aggregate principal amount of 7.875% Senior Notes due 2020 (the “2020 Exchange Notes”) and $600,000,000 aggregate principal amount of 6.500% Senior Notes due 2021 (the “2021 Exchange Notes” and, together with the 2019 Exchange Notes and the 2020 Exchange Notes the “Exchange Notes”), which have been registered under the Act.
The Exchange Offers commenced on May 23, 2013 and expired at 5:00 p.m. New York City time, on June 21, 2013. Wells Fargo Bank, National Association, acting as exchange agent for the Exchange Offers, advised the Issuers that all of the $1,375,000,000 aggregate principal amount of the Initial Notes have been validly tendered for exchange, representing 100% of the principal amount of the outstanding Initial Notes. The Issuers accepted all of the Initial Notes validly tendered and not withdrawn.
This press release does not constitute an offer to purchase any securities or the solicitation of an offer to sell any securities. The Exchange Offers were made only pursuant to the prospectus dated May 23, 2013 and the related letter of transmittal and only to such persons and in such jurisdictions as is permitted under applicable law.