Although Rocket’s plans to acquire Mr. Cooper and Redfin are structured as all-stock deals, assuming their debts will leave Rocket more highly leveraged, Fitch analysts said of possible debt rating downgrade.
Source: Inman News
Rocket will pay off $4B in Mr. Cooper debt after acquisition
Published in AI technology, debt rating, Fitch Ratings, Mortgage, mortgage servicing rights, Mr. Cooper, Nationstar Mortgage Holdings Inc., organic purchase business, Redfin, refinancing, rocket companies, Rocket Mortgage, san diego, Select and Varun Krishna
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