Nationstar to redeem all $285 million 10 7/8% senior notes due 2015

By Susanna Moon

Chicago, June 25 – Nationstar Mortgage Holdings Inc. said wholly owned subsidiaries Nationstar Mortgage LLC and Nationstar Capital Corp. will redeem all $285 million of outstanding 10 7/8% senior notes due 2015.

The redemption price will be par plus accrued interest to but excluding the redemption date of July 25, according to a company press release.

Nationstar is based in based in Lewisville, Texas, and offers servicing, origination, and real estate services to financial institutions and consumers.

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