LIVEPERSON INC (LPSN): debt financing — LivePerson closes $341.1M debt-to-equity refinancing; CAO departs; targets cash flow positive in 2026

LIVEPERSON INC

Exchanged $341.1M of 2026 convertible notes for $45M cash, $115M new 10% secured notes due 2029, 53.3M common shares, and 26,551 Series B preferred shares.
Net deleverage of ~$226M; $181M debt discount captured directly accretive to equity holders.
Series B preferred carries 15% dividend, convertible into ~874.5 common shares per share subject to Oct 2, 2025 charter amendment vote.
CAO Jeffrey Ford to depart after Q3 2025; CFO John Collins will assume principal accounting officer duties.

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Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

LIVEPERSON INC incurred senior notes of $115.0 million with U.S. Bank Trust Company, National Association, as trustee at 10.0% per annum maturing December 15, 2029.

Instrument: senior notes
Principal: $115.0 million
Counterparty: U.S. Bank Trust Company, National Association, as trustee
Rate: 10.0% per annum
Maturity: December 15, 2029
Event: incurrence

Exact text from the filing

$115.0 million in aggregate principal amount of the Company’s 10.0% Second Lien Senior Subordinated Secured Notes due 2029

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309 debt financings filed in the last 30 days. Browse all debt financings →

LIVEPERSON INC filing history →

Source: SEC EDGAR

accession 0001102993-25-000154

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