MSP Recovery Announces Term Sheet Providing Prospective Liquidity And RestructuringTo Remove Corporate Debt By Over $1.2 Billion
Reuters
04-11
April 10 (Reuters) - MSP Recovery Inc :: *MSP RECOVERY ANNOUNCES STRATEGIC TERM SHEET PROVIDING PROSPECTIVE LIQUIDITY AND RESTRUCTURING OF EXISTING AGREEMENTS TO REMOVE CORPORATE GUARANTEED DEBT BY OVER $1.2 BILLION AS WELL AS NEW AGREEMENTS AIMED AT DRIVING FUTURE GROWTH *MSP RECOVERY INC - HAZEL AGREES TO PROVIDE UP TO $9.75 MILLION BRIDGE FUNDING