Mr Cooper Group Inc (COOP)

[marayatano]

so keeping in line with this same train of thought, consider the H's getting a haircut, as folk here like to say; and recieving the difference in common shares of the newco. this would allow p's fv and h's a settlemnt of percentage of fv and common stock in newco.... (remembering the fact that they wanted to increase common share in newco buy about 20%). It is possible h's get 20% "haircut" off fv, and recieve that 20% in new common......just a speculation

I am not sure what you are saying, but I am pretty sure the float is not going to be increased. More likely than not, it will be reduced.

Like I has mentioned, as the seniors continue to accrue contract rate interest, H's may not survive (because of the make subordination agreement) to even give a haircut or obtain any shares of the reorganized debtor... unless there is an event that is in the H's favor...

imo