PHH Mortgage Corp (Ocwen Financial Corp)

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD400.0005Mar-26Sr. SecuredB2B--FixedTsy-8.00% a7227.88%-99.48600
Tranche Comments
5 yr: Registration: 144A/Reg S; Comments: US$400m 7.875% cpn 5yr (3/15/26) NC2 (3/15/23) at 99.486, yld 8.00%. Spread: T+722bp. MWC T+50bp prior to 3/15/23, and then 103.938, 101.969, 100.00. Equity clawback: Up to 35% at 107.875 prior to 3/15/23. Settle: 3/04/21. 144A CUSIP: 69356NAA2. Equity Claw: Up to 35% for the first two years at Par + Coupon.;
Use of Proceeds
Repay notes

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