Mr Cooper Group Inc (COOP)

[ron_66271]

The Caymans Total Offerings Was $4 Billion.

Plan 6; TPS was in Class 19, and Preferred P&K were in Class 20.

Plan 7 moved Class 20 into Class 19 because the Judge ruled Exchange Event happened and all the Preferred's are in the same class.

Looks like K’s operate like the P’s do.
No back interest, but will receive performance payments, and RE.
TPS was converted into cash and is only receiving Retained Earnings of 2.5X. The Exchange Event.



Yes, Proven,
Ron


P.S.
Derivatives
Just search JPM SEC filings Form 424(b).
fiat, fiat,
Compound fiat.