E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/28/2012 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Ocwen Financial calls $56.44 million of 3.25% contingent convertibles

By Tali David

Minneapolis, Feb. 28 - Ocwen Financial Corp. called $56,435,000 of its 3.25% contingent convertible notes due 2024, according to a company news release.

The convertibles will be redeemed at par plus accrued interest on March 28.

Bank of New York Mellon Trust Co., NA is the trustee.

Ocwen is an Atlanta-based provider of residential and commercial loan servicing, special servicing and asset management services.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.