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FREE WRITING PROSPECTUS | | FILED PURSUANT TO RULE 433 |
(To the Prospectus dated May 28, 2013, as supplemented by | | REGISTRATION NO. 333-188872 |
the Prospectus Supplement dated July 17, 2013) | | JULY 17, 2013 |
$250,000,000
NATIONSTAR MORTGAGE LLC
NATIONSTAR CAPITAL CORPORATION
6.500% Senior Notes due 2018
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Issuers: | | Nationstar Mortgage LLC and Nationstar Capital Corporation |
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Guarantors: | | The notes will be fully and unconditionally guaranteed on an unsecured senior basis by each of Nationstar Mortgage LLC’s existing and future domestic subsidiaries, other than its securitization and certain finance subsidiaries, certain other restricted subsidiaries and subsidiaries that in the future are designated as excluded restricted and unrestricted subsidiaries, and by Nationstar Mortgage Holdings Inc., Nationstar Sub1 LLC and Nationstar Sub2 LLC |
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Security Description: | | 6.500% Senior Notes due 2018 |
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Principal Amount: | | $250,000,000 |
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Gross Proceeds: | | $250,000,000 |
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Coupon: | | 6.500% |
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Maturity: | | August 1, 2018 |
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Price to Public: | | 100.000% |
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Yield to Maturity: | | 6.500% |
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Spread to Treasury: | | 517 basis points |
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Benchmark: | | 2.250% UST due July 31, 2018 |
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Interest Payment Dates: | | February 1 and August 1, commencing on February 1, 2014 |
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Make-Whole: | | Make-whole call at T+50 basis points prior to August 1, 2015 |
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Optional Redemption: | | On or after August 1, 2015, optional redemption during the twelve month period beginning on August 1 of the years indicated below at the following percentages of the principal amount (plus accrued and unpaid interest, if any): |
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| | Year Percentage 2015 103.250% 2016 101.625% 2017 and thereafter 100.000% |
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Optional Redemption with Equity Proceeds: | | On or prior to August 1, 2015, up to 35.0% of the principal amount of all notes issued at a redemption price equal to 106.500% (plus accrued and unpaid interest, if any) with the net cash proceeds of one or more Equity Offerings |
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Change of Control: | | 101% plus accrued and unpaid interest, if any |
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Trade Date: | | July 17, 2013 |
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Settlement Date: | | July 22, 2013 (T+3) |
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CUSIP Number / ISIN: | | 63860U AM2 / US63860UAM27 |
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Min. Allocation: | | $2,000 |
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Increments: | | $1,000 |
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Gross Spread: | | 1.500% |
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Joint Physical Book-Running Managers: | | Credit Suisse Securities (USA) LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated |
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Joint Book-Running Managers: | | Barclays Capital Inc. Wells Fargo Securities, LLC J.P. Morgan Securities LLC |
The issuers have filed a registration statement (including a prospectus and a prospectus supplement) with the Securities and Exchange Commission (SEC) for the offering to which this communication relates. Before you invest, you should read the prospectus and prospectus supplement in that registration statement and other documents the issuers have filed with the SEC for more complete information about the issuers and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Credit Suisse Securities (USA) LLC toll-free at 1-800-221-1037; BofA Merrill Lynch toll-free at 1-800-294-1322 or by email at: dg.prospectus_requests@baml.com; Barclays toll-free at 1-888-603-5847 or by emailing Barclaysprospectus@broadridge.com; Wells Fargo Securities toll-free at 1-800-326-5897 or by emailing cmclientsupport@wellsfargo.com; or J.P. Morgan Securities LLC toll-free at 1-800-245-8812.
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