Mr Cooper Group Inc (COOP)

[Split T]

Madbadger, What you posted is legit, however it is very misleading as
WMIIC assets were transferred to WAND Merger Corp. before dissolution. Way more assets than the Notes that were issued. Don't for get their cute little phrase about more assets than liability. It was just a "in your face" cause Smith had moved a mountain of assets and hid them in Nationstar Mortgage Holdings Inc.

SEATTLE, Jan. 18, 2018 /PRNewswire/ -- WMIH Corp. (Nasdaq: WMIH) (the "Company") today announced that it has completed the dissolution of its wholly-owned subsidiary WMI Investment Corp. ("WMIIC"). Earlier today, WMIIC filed a Certificate of Dissolution of WMIIC with the Office of the Delaware Secretary of State. The dissolution of WMIIC was effective immediately upon the filing of such certificate.

Prior to September 26, 2008, WMIIC held a variety of securities and investments; however, such securities and investments were liquidated and the value thereof distributed in connection with implementing the Company's Seventh Amended Joint Plan of Affiliated Debtors Pursuant to Chapter 11 of the United States Bankruptcy Code. As such, WMIIC did not have any assets or operations at the time of its dissolution.




Let's step back and look and see where the assets actually went.

8-k
https://www.sec.gov › Archives › edgar › data › 0000933136 › 000119312518241283 › d534508d8k.htm

"As previously announced, on February 12, 2018, WMIH Corp. ("WMIH"), Nationstar Mortgage Holdings Inc., a Delaware corporation ("Nationstar"), and Wand Merger Corporation, a Delaware corporation and a wholly-owned subsidiary of WMIH ("Merger Sub"), entered into an Agreement and Plan of Merger (the "Merger Agreement")."

Wand Merger Corporation (To Be Merged With and Into Nationstar Mortgage Holdings Inc.) as Issuer, WMIH Corp. as Parent Guarantor, and Wells Fargo Bank, National Association as Trustee, Indenture Dated as of July 13, 2018 $950,000,000 8.125% Senior Notes Due 2023 $750,000,000 9.125% Senior Notes Due 2026 12/34/56 EX-4.1