Nationstar Mortgage Holdings Inc. (NSM) said Thursday that its wholly-owned subsidiaries Nationstar Mortgage LLC and Nationstar Capital Corp. plan to sell $150 million aggregate principal amount of 6.500% Senior Notes due 2021 in a private placement.
The additional notes are a follow-on issue to the Issuers' $400 million aggregate principal amount of 6.500% Senior Notes due 2021 issued on February 7, and will form a single series of debt securities with the existing notes.
The issuers will use the net proceeds from this offering for general corporate purposes, which may include future acquisitions and transfers of servicing portfolios, including, but not limited to, the acquisition of certain residential mortgage servicing assets from Bank of America, National Association, and/or related businesses from third parties, including, but not limited to, from one or more affiliates of the initial purchasers in this offering.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.