Simpson Thacher represented CrossCountry Mortgage in a Rule 144A/Regulation S offering by CrossCountry Intermediate HoldCo, LLC, the direct parent company of CrossCountry Mortgage, LLC, of $750 million aggregate principal amount of 7.750% Senior Notes due 2031.
CrossCountry Mortgage is the nation’s number one distributed-retail mortgage lender with over 9,400 employees operating 912 retail branches and servicing loans across all 50 states, Washington, D.C. and Puerto Rico.
The Simpson Thacher team included Richard Fenyes, John C. Ericson, Adriana Estor-Restrepo, Erin Camia, Cara Capoccitti and Lauren Zong (Capital Markets); Jonathan Cantor and Lauren Yun (Tax); Brian Christiansen, Spencer Sloan and James Fine (Bank Regulatory); George Gerstein, Pasco Struhs, Alexander Kharash and Christopher Torikoglu (Executive Compensation and Employee Benefits); and James Talbot and Alexander Kokka (Intellectual Property).