---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-292788"
form_type: "8-K"
ticker: "FPH"
cik: "0001574197"
company_name: "Five Point Holdings, LLC"
filed_at: "2023-12-12T23:59:59+00:00"
generated_at: "2026-06-07T14:12:06.657244+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Five Point begins exchange of $625M 7.875% notes due 2025 for new 10.5% notes due 2028

## Summary
- Commences exchange offer for any and all $625M outstanding 7.875% Senior Notes due 2025.
- Early tenderers receive per $1,000: $160 cash + $790 principal of new 10.5% notes plus $50 premium in new notes.
- New notes mature Jan 15, 2028; rate steps to 11% (Nov 2025) and 12% (Nov 2026).
- Conditions: minimum 80% tender and >50% consent; early participation deadline Dec 22, 2023.
- Expiration Jan 10, 2024; settlement expected Jan 16, 2024; no cash proceeds to company.

## SEC filing metadata
- accession: 0001193125-23-292788
- form_type: 8-K
- ticker: FPH
- cik: 0001574197
- company_name: Five Point Holdings, LLC
- filed_at: 2023-12-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1574197/000119312523292788/0001193125-23-292788-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1574197/000119312523292788/d62634d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-292788
- JSON: https://secwatch.observer/filing/0001193125-23-292788.json
- Plain text: https://secwatch.observer/filing/0001193125-23-292788.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.