Mr Cooper Group Inc fka COOP

[AZCowboy]

~ NiceSeaShell', Nice To See You As Well' ~

And I Sincerely Hope That You And Everyone Have A Great Holiday Season, As Well' ...

... Watch That NewCo', ... WMIH-Corp' ... (forget about waiting for the WMI-LT' propaganda machine to ever issue anyone an Interest' or an LTI', beyond Tranche 5' for anything of relevance' ... that's total nonsense')

remember, ... the, "embedded derivative function", is no longer needed', ... and even the providers of the, now renewed "replacement credit facility", ... no longer want a fixed rate', "cash coupon" ?, ...

... Now ?, ... it seems that post' 01/05/2018' ? ... that the common stock of WMIH-Corp is just a bit more appealing to them' ? ... hhhmmmm', ... "Cash" is usually "King", ... but maybe in the case of WMIH-Corp ?, common shares are considered a better' form of semi-annual payment' ? ...

just sayin'

The Conversion Price shall be fixed at $1.35 per share of Common Stock (rather than a floating conversion price of $1.75 to $2.25 per share); Holders of Series B Preferred Stock shall be entitled to receive, when, as, and if declared by the Board of Directors of the Company a semi-annual 5.00% Common Stock dividend following the Amendment Effective Date (rather than a quarterly 3.00% cash dividend);

AZ