Mr Cooper Group Inc (COOP)

[Evintos]

Item 1.01 Entry into a Material Definitive Agreement

Purchase Agreement

On December 19, 2014, WMI Holdings Corp. (the "Company" or "WMIHC") entered into a Purchase Agreement (the "Purchase Agreement") with Citigroup Global Markets Inc. ("Citi") and KKR Capital Markets LLC ("KCM" and, together with Citi, the "Initial Purchasers"), an affiliate of KKR Fund Holdings L.P. ("KKR Fund") and KKR Management Holdings L.P. ("KKR Management"), which is attached hereto as Exhibit 10.1 and is incorporated herein by reference. Pursuant to the Purchase Agreement, the Company has agreed to issue and sell to the Initial Purchasers 600,000 shares of the Company's 3.00% Series B Convertible Preferred Stock (the "Series B Preferred Stock"), which number of shares may be reduced prior to closing in compliance with the Company's articles of incorporation, at a price of $1,000 per share, or aggregate gross proceeds of $600 million (the "Offering").

The closing of the Offering is expected to occur on or about January 5, 2015 (the "Issue Date"), subject to the satisfaction of customary closing conditions set forth in the Purchase Agreement. The Purchase Agreement also contains representations, warranties, indemnification and other provisions customary for transactions of this nature.

The foregoing description of the Purchase Agreement is qualified in its entirety by the provisions of the Purchase Agreement, filed hereto as Exhibit 10.1 and incorporated by reference herein.