Replies to post #411633 on Mr Cooper Group Inc (COOP)

[intuitive3]

Thanks Uzualsuzpect! Good to see you're still in. Is ilenes still holding WMIH?:)

[fsshon]

Hey Hey Uz.. This tells it all right here.

Affiliates of KKR & Co. L.P. ("KKR"), which made a previously announced strategic investment in the Company in December 2013, purchased 200,000 shares of the Series B Preferred Stock in the Offering.

Michael Willingham, Chairman of WMI Holdings said, "The completion of the offering of Series B Preferred Stock provides WMI Holdings significant capital to execute on its acquisition strategies. With this capital, we intend to continue to pursue opportunities for acquisitions of companies with operations that are complemented by the experience and expertise of our board and management team."

Tagar Olson, Member and Head of KKR's Financial Services team, stated, "We are pleased to participate in the offering and invest additional capital in WMI Holdings, as we continue to see opportunities for the Company to grow and diversify its platform. Having partnered with the Company for over a year, we believe that WMI Holdings is well positioned as an acquiror and we believe it is capable of leveraging its resources to drive value as it executes on its acquisition strategy.


BINGO!
GO WMIH!

~Blue~