Finance of America Announces Exchange Offer Support Agreement with Unsecured Corporate Noteholders
Finance of America Companies Inc. Class A (FOA)
Company Research
Source: Business Wire
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a leading provider of home equity-based financing solutions for a modern retirement, today announced that certain of its direct and indirect subsidiaries, including Finance of America Funding LLC (“FOA Funding”), entered into an agreement (the “Exchange Offer Support Agreement”) with certain holders representing approximately 71.1% of FOA Funding’s outstanding unsecured Senior Notes due 2025 (the “2025 Unsecured Notes”) to support and participate in an exchange of any and all of the outstanding 2025 Unsecured Notes for (i) up to $200 million aggregate principal amount of Senior Secured First Lien notes due 2026, subject to certain extensions, and (ii) up to $150 million aggregate principal amount of Exchangeable Senior First Lien Notes due 2029. More information about the Exchange Offer Support Agreement is available in a Current Report on Form 8-K filed by Finance
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FOA
Earnings
- 5/6/24 - Beat
FOA
Sec Filings
- 6/27/24 - Form DEF
- 6/25/24 - Form 8-K
- 6/17/24 - Form 8-K
- FOA's page on the SEC website