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 future acquisitions and transfers of servicing portfolios, “including the acquisition of certain residential mortgage servicing assets from Bank of America.
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.