Rocket Companies(US:RKT) Prnewswireยท2025-09-03 00:30Core Viewpoint - Rocket Companies, Inc. has extended the expiration date for its exchange offers and consent solicitations related to the acquisition of Mr. Cooper Group Inc., allowing for the exchange of existing senior notes for new senior notes [1][2] Group 1: Exchange Offers and Consent Solicitations - The expiration date for the exchange offers has been extended from September 2, 2025, to September 30, 2025 [1] - The settlement date for the exchange offers is expected to occur on or before the second business day following the expiration date [2] - Eligible holders can withdraw their tenders of existing notes at any time prior to the expiration date, but related consents cannot be withdrawn [2] Group 2: Proposed Amendments - On the early tender date of August 15, 2025, sufficient consents were received to amend the indentures governing the existing notes, which include eliminating the "Change of Control" offer requirement and substantially all restrictive covenants [3] - A supplemental indenture was executed to effect these proposed amendments, which will become operative upon acceptance of the validly tendered existing notes [3] Group 3: Tendered Notes - As of September 2, 2025, approximately 98.41% of the outstanding 2029 Notes and approximately 95.52% of the outstanding 2032 Notes were validly tendered [4] Group 4: Conditions for Consummation - The consummation of the exchange offers is subject to the satisfaction or waiver of certain conditions, including the concurrent consummation of the Mr. Cooper acquisition [5]