Finance of America entered into an agreement with some holders representing about 71.1% of subsidiary FOA Funding’s outstanding unsecured senior notes due 2025 to support and participate in an exchange of outstanding notes.
- Exchange for up to $200 million Senior Secured First Lien notes due 2026 and up to $150 million Exchangeable Senior First Lien Notes due 2029
- Libman parties notified the company that they also intend to participate in the transactions
- As a result, the total amount of holders of 2025 Unsecured Notes intending to participate represent ownership of approximately 93.1% of the aggregate principal amount of the 2025 ...
- As a result, the total amount of holders of 2025 Unsecured Notes intending to participate represent ownership of approximately 93.1% of the aggregate principal amount of the 2025 ...
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