Nationstar Mortgage Holdings Inc. is issuing notes to finance its purchases of residential mortgage servicing and for other purposes.
The Lewisville, Texas based mortgage banking and servicing firm has priced $200 million of 6.500% senior notes due 2021.
The private placement was upsized from its original $150 million launch, “due to significant demand,” Nationstar said.
Nationstar will use the proceeds for
The issuance follows $400 million in notes issued on February 7, 2013.
Nationstar services 1.8 million loans with an unpaid principal balance $300 billion.
