Finance of America exchange offer gets 97.9% participation; extends expiration to Oct 29

Finance of America Companies Inc.

$342.6M (97.892%) of outstanding 2025 Notes tendered as of Oct 25, 2024.
Exchange offer extended to 5:00 PM ET on Oct 29, 2024.
Amortization payment on Nov 15, 2025 for New Senior Secured Notes modified to $0.23 per $1.00.
Expected settlement on Oct 31, 2024.
New Secured Notes: up to $200M 7.875% due 2026 and up to $150M 10.000% due 2029.

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