Brief: Mr Cooper Group To Acquire Home Point Capital For $324 Million In Cash

Home Point Capital

10/05/2023 23:45

May 10 (Reuters) - Mr Cooper Group Inc  COOP.O :
    * MR. COOPER GROUP TO ACQUIRE HOME POINT CAPITAL FOR $324
MILLION
IN CASH
    * HOME POINT CAPITAL INC - DEAL FUNDED IN PART WITH
ASSUMPTION OF
HOME POINT CAPITAL $500 MILLION 5% SENIOR NOTES DUE 2026
    * HOME POINT CAPITAL INC - HOME POINT OPERATIONS TO BE SHUT
DOWN
AFTER CLOSING
    * HOME POINT CAPITAL INC - TRANSACTION IS EXPECTED TO CLOSE
IN Q3

Source text for Eikon:  ID:nBw1d8xKxa 
Further company coverage:  COOP.O 

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