CrossCountry Intermediate HoldCo Completes $600 Million 6.750% Senior Notes Offering Due 2032

"Simpson Thacher represented the initial purchasers, led by J.P. Morgan Securities LLC, in a Rule 144A/Regulation S offering by CrossCountry Intermediate HoldCo, LLC of $600 million aggregate principal amount of 6.750% Senior Notes due 2032. CrossCountry Mortgage is the nation’s largest distributed-retail mortgage lender, operating 988 branches and servicing loans across all 50 states, D.C. and Puerto Rico."

Simpson Thacher represented the initial purchasers, led by J.P. Morgan Securities LLC, in the transaction. The transaction consisted of a Rule 144A/Regulation S offering by CrossCountry Intermediate HoldCo, LLC, the direct parent company of CrossCountry Mortgage, LLC, of $600 million aggregate principal amount of 6.750% Senior Notes due 2032. The offering was completed by the initial purchasers led by J.P. Morgan Securities LLC pursuant to the terms disclosed by the parties. CrossCountry Mortgage is the nation’s number one distributed-retail mortgage lender, employing over 8,000 people, operating 988 retail branches and servicing loans across all 50 states, the District of Columbia and Puerto Rico. Simpson Thacher represented the initial purchasers, led by J.P. Morgan Securities LLC, with a team composed by: John C. Ericson, Richard Fenyes, Patrick Baron, Deane Ciampa and Kate Burns (Capital Markets); Michael E. Mann (Tax); Corina Holland and Alexander Kokka (Intellectual Property); and Jennie Getsin (Blue Sky).

CrossCountry Intermediate HoldCo Completes $600 Million 6.750% Senior Notes Offering Due 2032

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