Mr Cooper Group Inc (COOP): WMIIC did not guarantee the Series B....

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Re: AZCowboy post# 505132

Sunday, 01/21/2018 10:13:55 AM

Sunday, January 21, 2018 10:13:55 AM

WMIIC did not guarantee the Series B. Ever. It guaranteed the Pik notes with KKR. See note 9
2014 10K
https://www.sec.gov/Archives/edgar/data/933136/000156459015001104/wmih-10k_20141231.htm

And if the proceeds were to be put in wmiic, if default ever occurred a guarantee would allow the lender to go after wmiic as well.

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