The Firm represented Walter Investment Management Corp. (WIMC) in connection with an $825.0 million secured credit facility, consisting of a $700.0 million 5-year term loan and a $125.0 million 5-year revolving credit facility.
WIMC operates in the mortgage-service industry and specializes in offering structured solutions to owners of less-than-prime, non-conforming and other credit-challenged mortgage assets.
The Simpson Thacher team for the transaction included, among others, James Cross, Christian Fischer, Adam Shapiro, John Freese and Christopher Dass (Credit); Adam Wells and Jodi Sackel (Tax) and Genevieve Dorment (IP).
