Replies to post #517210 on Mr Cooper Group Inc (COOP)

[Royal Dude]

Another possible event that may mean cash to escrow???

"The initial price to public set forth above does not include accrued interest, if any. Interest on the notes will accrue from April 23, 2018 and must be paid by the purchaser if the notes are delivered after April 23, 2018."

http://secfilings.nasdaq.com/filingFrameset.asp?FilingID=12694425&RcvdDate=4/20/2018&CoName=GOLDMAN%20SACHS%20GROUP%20INC&FormType=424B2&View=html

[jerrylev]

It is interesting that DB pays its shareholders with JPM notes. Kind like when WMILT paid PIERS partially with notes that WMIH has to pay. But those notes belonged to WMILT and it is WMIH who has to pay.

DB probably owns these JPM notes.

But now there is no more notes as WMIH has paid them off. You cannot make WMIH "print" new notes to pay WMILT and escrow. WMILT will pay from its own cash that it got from liquidating the assets.