Five Point extends $100M of revolving credit facility maturity to July 2027; adds $150M accordion

Five Point Holdings, LLC

Maturity extended to July 2027 for $100M of $125M facility; $25M Citibank commitment remains due April 2026.
Accordion feature allows increase of aggregate commitments up to $150M, subject to conditions and lender approval.
Waiver of requirement to collateralize remaining Senior Notes (~$1.5M outstanding after 99.8% exchange).
No borrowings or letters of credit outstanding as of May 22, 2024; interest rate at SOFR + 2.25%-2.50%.
Extension fee of 0.31% paid to consenting lenders (excluding Citibank).

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