Stonegate Mortgage Corporation Prices Initial Public Offering

Stonegate Mortgage Corporation Prices Initial Public Offering

INDIANAPOLIS--(BUSINESS WIRE)-- Stonegate Mortgage Corporation (NYS: SGM) (the "Company") announced today the pricing of its initial public offering of 7,100,000 shares of common stock at a price to the public of $16 per share. The Company has granted the underwriters a 30-day option to purchase up to 1,065,000 additional shares at the initial public offering price less the underwriting discount. The Company's common stock began trading on the New York Stock Exchange under the symbol "SGM" on October 10, 2013. The offering is expected to close on October 16, 2013, subject to customary closing conditions.

BofA Merrill Lynch, Credit Suisse Securities (USA) LLC, Barclays Capital Inc. and FBR Capital Markets & Co. are acting as joint book-running managers for the offering. Keefe, Bruyette & Woods, Inc. and Sterne, Agee & Leach, Inc. are acting as co-managers.

The Company is a leading, non-bank, integrated mortgage company focused on originating, acquiring, selling, financing and servicing U.S. residential mortgage loans. It is currently licensed in 39 states and Washington, D.C.

A registration statement relating to the Company's common stock has been filed with and declared effective by the Securities and Exchange Commission. The offering is being made only by means of a prospectus. Copies of the final prospectus relating to this offering, when available, may be obtained from: BofA Merrill Lynch, 222 Broadway, New York, New York 10038, Attn: Prospectus Department, email: dg.prospectus_requests@baml.com; Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, New York 10010, (800) 221-1037, email: newyork.prospectus@credit-suisse.com; Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, (888) 603-5847, or email: Barclaysprospectus@broadridge.com; and, FBR Capital Markets & Co., Attention: Syndicate Prospectus Department, 1001 Nineteenth Street North, Arlington, Virginia 22209, (703) 312-9500, email: prospectuses@fbr.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

Stonegate Mortgage Corporation

Founded in 2005, Stonegate Mortgage (NYS: SGM) is a leading, non-bank, integrated mortgage company that originates, finances and services agency and non-agency residential mortgages through its network of retail offices and approved third party originators. Stonegate Mortgage also provides financing through its wholly owned operating subsidiary, NattyMac LLC. Stonegate Mortgage's operational excellence, financial strength, dedication to customer service and commitment to technology have positioned the firm as a leading provider in the emerging housing finance market.

For Stonegate Mortgage Corporation
Investor Relations Inquiries
Josh Hochberg, 212-446-1892
jhochberg@sloanepr.com
or
Press Inquiries
Whit Clay, 212-446-1864
wclay@sloanepr.com

KEYWORDS: United States North America Indiana

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