BRIEF-Altisource Says It Has Entered Into A Transaction Support Agreement With Lenders

Reuters

2024-12-17

BRIEF-Altisource Says It Has Entered Into A Transaction Support Agreement With Lenders

Dec 16 (Reuters) - Altisource Portfolio Solutions SA ASPS.O:

ALTISOURCE ANNOUNCES IT HAS ENTERED INTO A TRANSACTION SUPPORT AGREEMENT WITH LENDERS HOLDING APPROXIMATELY 99% OF THE COMPANY'S TERM LOANS TO EFFECTUATE EXCHANGE, AMENDMENT AND MATURITY EXTENSION TRANSACTIONS
ALTISOURCE PORTFOLIO SOLUTIONS SA - TO REDUCE DEBT OBLIGATIONS FROM $231 MILLION TO $172.5 MILLION
ALTISOURCE PORTFOLIO SOLUTIONS SA - LENDERS TO RECEIVE 57.9 MILLION COMMON SHARES OF ALTISOURCE

Source text: ID:nGNX7wWhnV

Further company coverage: ASPS.O

((Reuters.Briefs@thomsonreuters.com;))

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