Market Exclusive

WMIH Corp. (NASDAQ:WMIH) Files An 8-K Termination of a Material Definitive Agreement

WMIH Corp. (NASDAQ:WMIH) Files An 8-K Termination of a Material Definitive AgreementItem 1.02

Termination of a Material Definitive Agreement

As previously reported, on March19, 2012, WMIH Corp. (successor to WMI Holdings Corp. and Washington Mutual, Inc.) (the “Company”) issued $20million aggregate principal amount of its 13% Senior Second Lien Notes due 2030 (the “Second Lien Notes”) under an indenture, dated as of March19, 2012, between the Company and Delaware Trust Company, successor to The Law Debenture Trust Company of New York, as trustee (“Trustee”), as amended by that certain First Supplemental Indenture, dated May11, 2015, by and among WMI Holdings Corp., WMIH Corp. and Trustee (collectively, the “Second Lien Indenture”).

The Second Lien Notes have been fully redeemed by the Company and in connection therewith, the Second Lien Indenture was satisfied and discharged as of October2, 2017 as provided under the terms of the Second Lien Indenture, which resulted in the release of the liens on the assets of the Company that secured the Second Lien Notes.

Exit mobile version