Simpson Thacher recently represented the initial purchasers, led by J.P. Morgan Securities LLC, in connection with the offering by Freedom Mortgage Holdings LLC (“Freedom Mortgage”) of $500 million aggregate principal amount of 9.250% Senior Notes due 2029, pursuant to Rule 144A and Regulation S.
Freedom Mortgage, based in Mount Laurel, New Jersey, is a leading nationwide residential mortgage loan servicer and originator.
The Simpson Thacher team included John C. Ericson, Patrick Baron, John Strubing and Erin Camia (Capital Markets); Michael Mann and Kris Liu (Tax); Rachelle Broida (Intellectual Property); Pasco Struhs (Executive Compensation and Employee Benefits); and Jennie Getsin (Blue Sky).