Finance of America Announces a Nearly 98% Participation Rate in the Exchange Offer and Consent Solicitation for Existing 2025 Unsecured Notes
Finance of America Companies Inc. Class A (FOA)
Company Research
Source: Business Wire
Makes Certain Modifications to Exchange Offer 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, is pleased to announce that holders of $342,622,000 aggregate principal amount (97.892%) of the outstanding 7.875% Senior Notes due 2025 (the “2025 Unsecured Notes”) of its subsidiary Finance of America Funding LLC (“FOA Funding”) have elected to participate, as of 5:00 P.M., New York City time, on October 25, 2024 (the original expiration time), in FOA Funding’s previously announced Exchange Offer.Additionally, FOA Funding hereby announces that (i) the Exchange Offer and the Consent Solicitation has been extended to expire at 5:00 P.M., New York City time, on October 29, 2024, unless further extended by the Company in its sole discretion, as set forth in the Exchange Offer Memorandum and Consent Solicitation Statement dated September 17
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FOA
News
- Finance of America Companies Inc. (NYSE: FOA) was downgraded by analysts at UBS Group AG from a "buy" rating to a "neutral" rating. They now have a $24.00 price target on the stock, up previously from $14.00.MarketBeat
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- Finance of America Reports Third Quarter 2024 ResultsBusiness Wire
- Finance of America Companies Inc (FOA) Q3 2024 Earnings Report Preview: What to Expect [Yahoo! Finance]Yahoo! Finance
FOA
Earnings
- 11/6/24 - Beat
FOA
Sec Filings
- 11/19/24 - Form 4
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- FOA's page on the SEC website