Mr Cooper Group Inc (COOP)

[wamutrader]

I see your point. KKR wants to run with a 3 Billion IPO for FDC. IPO proceeds will be used to repay senior notes that are due in 2021 and have interest rates above 11% as part of a broad plan to restructure First Data's capital and improve its profitability and FCF.

KKR leveraged the purchase of FDC and is still 21 Billion in debt on books for the purchase. Does it make sense to merge the 2 companies? WMIH has the NOL Carryover to wipe away the debt on KKRs books for FDC, and FDC is just the kind of company we are looking for...

First Data generates revenues from three business lines:

1.Global Business Solution (GBS) - Provides retail point-of-sale and e-commerce services that include mobile payments, web-store solutions and a cloud-based, point-of-sale operating system.

2.Global Financial Solutions (GFS) - Provides credit solutions for bank and non-bank issuers. Services include retail private-label cards, financial software systems and lending solutions.

3.Network and Security Solutions (NSS) - Provides value-added solutions, such as electronic funds transfer, network solutions, debit card processing solutions, security and fraud solutions, mobile wallets support and more.