Latham & Watkins Advises CrossCountry Mortgage on Senior Notes Offerings Totaling US$1.5 Billion

CrossCountry Mortgage, LLC, the nation’s largest distributed-retail mortgage lender, has announced that it has closed an upsized offering of US$900 million aggregate principal amount of 6.5% senior notes due 2030 and an upsized offering of US$600 million aggregate principal amount of 6.75% senior notes due 2032.

Latham & Watkins LLP represented CrossCountry Mortgage in the offerings with a Capital Markets team led by Washington. D.C. partner Patrick Shannon, New York partner Erika Weinberg, and Washington, D.C. counsel Christopher Cronin, with associates Concepcion Olivera, Claudia Dubay, and Wyatt Wisnosky. Advice was also provided on tax matters by Washington, D.C. partner Andrea Ramezan-Jackson and New York partner Aaron Bernstein, with associate James Aldred.