Replies to post #632232 on Mr Cooper Group Inc (COOP)

[Royal Dude]

Go Partners

KKR & Co. Inc. (NYSE: KKR) executed the registered offering of 23,000,000 shares of KKR’s 6% Series C Mandatory Convertible Preferred Stock, raising gross proceeds of approximately $1.15 billion and the Rule 144A/Regulation S offering of $750 million aggregate principal amount of 3.5% Senior Notes due 2050 by KKR Group Finance Co. VIII LLC, an indirect finance subsidiary of KKR & Co. Inc. The two offerings resulted in aggregate net proceeds of over $1.9 billion, which KKR intends to use to partially fund its pending acquisition of Global Atlantic Financial Group Limited.

https://www.globallegalchronicle.com/kkrs-1-9-billion-convertible-preferred-stock-and-senior-notes-offering/

[sillyinvestor]

Well, you just described the correct side. :)