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Re: AZCowboy post# 492969

Tuesday, 10/24/2017 6:13:16 PM

Tuesday, October 24, 2017 6:13:16 PM

Post# of 749756
No WMIH Shares for

KKR from debt offerings from the Series A Preferred, and no need for debt offerings from the Series B Preferred either.

Looks like KKR can buy their WMIH shares on the open market.

WMIIC as a Guarantor due to it's "Equity Interests" held in ABS CERTs can finance it's own deals. "Equity Interests" is used as collateral.

"Equity Interests" is not common stock. "Equity Interests" has to due with a 25% or greater participation in a Trust. WMIIC is a holder/large-holder of CERTs in many ABS Trusts.

New WMIH Common and Preferred shares to released Old-WMI Escrow holders to unite the WMI/WMIIC assets held by Escrow-holders to go with the "Equity Interests" at WMIH/WMIIC.

Thanks AZ.

Ron

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