Brief: Mr Cooper Group To Acquire Home Point Capital For $324 Million In Cash
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
((Reuters.Briefs@thomsonreuters.com;))
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