LEWISVILLE, Texas--([ BUSINESS WIRE ])--Nationstar Mortgage Holdings Inc. (NYSE: NSM) (the aCompanya), a leading residential mortgage loan servicer, today announced the pricing of the initial public offering of 16,666,667 shares of its common stock at $14.00 per share. The shares will begin trading on Thursday, March 8, 2012 on The New York Stock Exchange under the ticker symbol aNSM.a The underwriters have a 30-day option to purchase up to an additional 2,500,000 shares of common stock, to cover over-allotments, if any.
BofA Merrill Lynch, Citigroup, Credit Suisse and Wells Fargo Securities are acting as joint bookrunners for the offering, and Allen & Company LLC, Barclays Capital, J.P. Morgan, Keefe, Bruyette & Woods and Sterne Agee are acting as co-managers.
A registration statement relating to these securities was declared effective as of March 7, 2012 by the Securities and Exchange Commission (aSECa). The offering is being made only by means of the written prospectus forming part of the effective registration statement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor may there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Copies of the final prospectus relating to the offering may be obtained from BofA Merrill Lynch at 4 World Financial Center, New York, NY 10080, Attention: Prospectus Department or by emailing [ dg.prospectus_requests@baml.com ]; Citigroup Global Markets Inc., via telephone: (877) 858-5407, email:[ batprospectusdept@citi.com ] or standard mail at Citigroup Global Markets Inc., Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220, Attention: Prospectus Department; Credit Suisse Securities (USA) LLC, One Madison Avenue, New York, New York 10010, Attention: Prospectus Department or by telephone at (800) 221-1037; or Wells Fargo Securities, Attention: Equity Syndicate Department, 375 Park Avenue, New York, New York, 10152, at (800) 326-5897 or email a request to [ cmclientsupport@wellsfargo.com ].
About Nationstar Mortgage Holdings Inc.
Based in Lewisville, Texas, the Company currently services over 645,000 residential mortgages totaling nearly $107 billion in unpaid principal balance. The Company is also one of a few non-bank mortgage servicers to offer integrated loan origination capabilities, enabling the Company to both mitigate its portfolio run-off and improve credit quality for loan investors. In addition, the Company offers a diverse array of complementary services for mortgage investors to improve asset performance including REO management and credit recovery. The Company currently employs approximately 2,600 people, entirely based in the United States.
Cautionary Note Regarding Forward-Looking Statements
Any statements in this release that are not historical or current facts are forward-looking statements. Forward-looking statements convey the Companyas current expectations or forecasts of future events. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Companyas actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. Certain of these risks and uncertainties are described in the aRisk Factorsa section of the Registration Statement on Form S-1 and other required reports, as filed with the SEC, which are available at the SECas website at [ http://www.sec.gov ]. Unless required by law, the Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect circumstances or events after the date of this press release.