Boston, MA 07/09/2013 (wallstreetpr) – Nationstar Mortgage Holdings, Inc. (NYSE:NSM) recently announced the results of the registered exchange offers that have been made by the company’s subsidiary Nationstar Mortgage LLC and Nationstar Capital Corporation. The registered exchange offers of Senior Notes of the company were previously announced in May 2013.
In total, there were three senior notes for which the final results of exchange offers were announced by Nationstar Mortgage Holdings, Inc. (NYSE:NSM). Such transactions include 9.625 percent Senior Notes due in 2019 of an aggregate value of $375 million, 7.875 percent Senior Notes due in 2020 of an aggregate value of $400 million and 6.50 percent Senior Notes due in 2021 of an aggregate value of $600 million.
Shares of Nationstar Mortgage Holdings, Inc. (NYSE:NSM) are currently declining in the beginning of the second week of July. The shares are currently trading in the range of $38.52 to $39.15 per share on Monday, with an average trading volume for the company at 1.14 million shares per day. Nationstar Mortgage Holdings, Inc. (NYSE:NSM) currently has a market capitalization at $3.49 billion, holding 90.57 million shares outstanding in the market with an institutional ownership of 102 percent of its total equity capital.
Nationstar Mortgage Holdings, Inc. (NYSE:NSM) is primarily engaged in providing non-bank residential mortgaging services, which are varied and range across the spectrum of residential mortgage products. The company provides such residential mortgaging services to its wide range of clients, including government organizations, regional and national banks, private investment funds, securitization trusts and related owners of residential mortgage securities and loans.
Nationstar Mortgage Holdings, Inc. (NYSE:NSM) also acts as a partner of various financial service organizations and is further licensed to provide its residential mortgage services across all the 50 states of the country.
