---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-303125"
form_type: "8-K"
ticker: "FPH"
cik: "0001574197"
company_name: "Five Point Holdings, LLC"
filed_at: "2023-12-26T23:59:59+00:00"
generated_at: "2026-06-07T07:19:44.204830+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Five Point: 99.74% of $625M 7.875% notes tendered for 10.5% notes due 2028

## Summary
- $623.4M (99.74%) of outstanding 7.875% Senior Notes due 2025 validly tendered for exchange.
- Minimum exchange condition (80%) and requisite consents (>50%) met; restrictive covenants eliminated.
- Early participants receive per $1,000 face: ~$160 cash + ~$840 new 10.500% notes due 2028.
- Settlement expected Jan 16, 2024; only ~$1.6M notes would remain outstanding after close.
- Exchange extends maturity to 2028 at higher coupon but removes substantially all covenants.

## SEC filing metadata
- accession: 0001193125-23-303125
- form_type: 8-K
- ticker: FPH
- cik: 0001574197
- company_name: Five Point Holdings, LLC
- filed_at: 2023-12-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1574197/000119312523303125/0001193125-23-303125-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1574197/000119312523303125/d641305d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-303125
- JSON: https://secwatch.observer/filing/0001193125-23-303125.json
- Plain text: https://secwatch.observer/filing/0001193125-23-303125.txt

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