Rocket Companies(US:RKT) Prnewswire·2025-09-30 23:50Core Viewpoint - Rocket Companies, Inc. has announced the expiration and final results of its tender offers and consent solicitations for the outstanding senior notes of Nationstar Mortgage Holdings Inc., indicating a significant level of participation from noteholders [1][2]. Group 1: Tender Offers and Results - The tender offers for the 5.125% Senior Notes due 2030 and 5.750% Senior Notes due 2031 expired on September 30, 2025, with no tenders submitted after the expiration date being valid [1]. - As of the expiration date, $574.308 million of the 2030 Notes were validly tendered, representing approximately 88.36% of the outstanding amount, while $535.765 million of the 2031 Notes were validly tendered, representing approximately 89.29% of the outstanding amount [2]. Group 2: Settlement and Pricing - The company has accepted for purchase the validly tendered notes, with the settlement date expected on October 1, 2025, contingent upon the closing of the Mr. Cooper Acquisition [3]. - Eligible holders who tendered their notes before the early tender deadline received a repurchase price of $1,012.50 per $1,000 of principal amount, while those who tendered after the early deadline received $962.50 per $1,000 [4]. Group 3: Amendments and Consents - On the early tender deadline, sufficient consents were received to amend the indentures governing the notes, which included eliminating the requirement for a "Change of Control" offer and substantially all restrictive covenants [5]. - A supplemental indenture was executed to effect these proposed amendments, which became operative upon acceptance of the applicable series of notes [5]. Group 4: Transaction Management - J.P. Morgan Securities LLC acted as the dealer manager for the tender offers, while D.F. King & Co., Inc. served as the depositary and information agent [6]. - Questions regarding the tender offers should be directed to the dealer manager or the depositary for further assistance [6].