Replies to post #410322 on Mr Cooper Group Inc (COOP)

[jwerneck]

I wish.

200K - Citi
400K - KKR

[BigBang]

Interesting speculation!

[zulual]

If the proceed comes from 2.5% of the LT, it's WMIH's cash asset, why need issue Pref shares for it's own money?

[Donotunderstand]

nope

[Jacked]

I bet you the postpone the court date for 23rd.

[drrugby]

Tanj, These funds are being raised by Citi and KKR.

On December 19, 2014, WMI Holdings Corp. (the "Company" or "WMIHC") entered into a Purchase Agreement (the "Purchase Agreement") with Citigroup Global Markets Inc. ("Citi") and KKR Capital Markets LLC ("KCM" and, together with Citi, the "Initial Purchasers"), an affiliate of KKR Fund Holdings L.P. ("KKR Fund") and KKR Management Holdings L.P. ("KKR Management"),

They definitely know more info than we do and but we are great speculators though logical reasoning.

It is possible that the FDIC could return some assets to the estate and they know about it and want a piece of the pie.

Citi and KKR just does not do a 600m$ deal without a goal to make at least 40-50% ROI in less than 24 months. The original KKR deal now has tied to it 6 times the original investment.

GLTA and Go WMIH Go..

Its going to be an interesting Spring 2015.

DrR..