Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - Mr. Cooper Group Inc. | mm04-0612_8k.htm |
| EX-99.2 - EX.99.2 - PRESS RELEASE - Mr. Cooper Group Inc. | mm04-0612_8ke992.htm |
EXHIBIT 99.1
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VALUE WORKSHEET FOR LIQUIDATING TRUST INTEREST HOLDERS
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FOR FEDERAL INCOME TAX PURPOSES (AS OF THE EFFECTIVE DATE, MARCH 19, 2012)
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The following chart summarizes the assigned value per Liquidating Trust Interest for federal income tax purposes issued in connection with the terms of Washington Mutual, Inc.'s Liquidating Trust Agreement and Plan of Reorganization dated December 12, 2011 *
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TOTAL VALUE FOR FEDERAL INCOME TAX PURPOSES IS $289.3 MILLION (1)
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Target CUSIP
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Value per Interest
(For Tax Purposes)
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Total Liquidating Trust Interests Outstanding
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Total Value
(For Tax Purposes)
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| A | B | C |
D = B x C
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Senior Floating Rate Notes due August 2009
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939322AW3
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$ | 0.47504556 | x | $ | 2,177,439 |
=
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$ | 1,034,383 |
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Senior Floating Rate Notes due January 2010
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939322AQ6
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$ | 0.47504556 | x | $ | 1,468,928 |
=
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$ | 697,808 |
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Senior Floating Rate Notes due March 2012
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939322AS2
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$ | 0.47504556 | x | $ | 2,716,672 |
=
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$ | 1,290,543 |
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Senior Floating Rate Notes due September 2012
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939322AU7
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$ | 0.47504556 | x | $ | 3,659,627 |
=
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$ | 1,738,489 |
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Senior Fixed Rate Notes due 2009
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939322AL7
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$ | 0.47504556 | x | $ | 24,936,572 |
=
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$ | 11,846,008 |
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Senior Fixed Rate Notes due 2010
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939322AP8
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$ | 0.47504556 | x | $ | 16,475,604 |
=
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$ | 7,826,663 |
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Senior Fixed Rate Notes due 2011
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939322AX1
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$ | 0.47504556 | x | $ | 15,710,145 |
=
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$ | 7,463,034 |
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Senior Fixed Rate Notes due 2012
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939322AT0
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$ | 0.47504556 | x | $ | 14,812,968 |
=
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$ | 7,036,835 |
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Senior Fixed Rate Notes due 2017
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939322AV5
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$ | 0.47504556 | x | $ | 30,275,131 |
=
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$ | 14,382,067 |
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Senior Providian Note Guarantee
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74406AAD4
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$ | 0.47504556 | x | $ | 435 |
=
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$ | 207 |
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Total Senior Notes
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$ | 53,316,036 | |||||||
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Sub Fixed Rate Sub Notes at 8.25% due 2010
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939322AE3
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$ | 0.46946733 | x | $ | 158,475,242 |
=
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$ | 74,398,949 |
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Sub Fixed Rate Sub Notes at 4.625% due 2014
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939322AN3
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$ | 0.48434132 | x | $ | 139,057,005 |
=
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$ | 67,351,053 |
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Sub Fixed Rate Sub Notes at 7.25% due 2017
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939322AY9
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$ | 0.47198911 | x | $ | 133,693,785 |
=
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$ | 63,102,011 |
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Total Senior Subordinated Notes
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$ | 204,852,013 | |||||||
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GUC
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N/A | $ | 0.28314761 | x | $ | 109,949,544 |
=
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$ | 31,131,950 |
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CCB Trust VI
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124873AA8
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$ | 0.00000000 | x | $ | 11,419,609 |
=
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$ | 0 |
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CCB Capital Trust IX
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124871AA2
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$ | 0.00000000 | x | $ | 17,366,691 |
=
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$ | 0 |
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HFC Capital Trust I
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420542AD4
420542102
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$ | 0.00000000 | x | $ | 13,111,700 |
=
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$ | 0 |
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CCB Capital Trust IV
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22499AAB5
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$ | 0.00000000 | x | $ | 8,653,699 |
=
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$ | 0 |
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CCB Trust V
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19499AAI6
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$ | 0.00000000 | x | $ | 11,426,972 |
=
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$ | 0 |
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CCB Capital Trust VII
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22899AAB1
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$ | 0.00000000 | x | $ | 8,491,841 |
=
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$ | 0 |
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CCB Capital Trust VIII
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22899AAA3
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$ | 0.00000000 | x | $ | 8,556,010 |
=
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$ | 0 |
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HoldCo Stipulated Claim
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N/A | $ | 0.00000000 | x | $ | 297,200 |
=
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$ | 0 |
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Total CCB Guarantees
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$ | 0 | |||||||
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Fixed Junior Sub Notes at 5.375% due 2041
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93933U308
939322848
93933U407
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$ | 0.00000000 | x | $ | 241,423,588 |
=
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$ | 0 |
| Notes: | |
| (1) |
Total Valuation for federal income tax purposes includes $60 million of cash funding for administrative budget purposes, which amount is not reflected in the Summary of Certain Distributions attached as Exhibit 99.3 to the Form 8-K/A filed on April 2, 2012. As noted above, these values are provided solely for federal tax purposes, and have not been calculated for, nor are they necessarily indicative of, valuation for accounting or any other purpose.
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* This chart dated April 5, 2012, supersedes the version previously posted on the WMI Liquidating Trust website (www.wmitrust.com) and removed on April 3, 2012.
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