Altisource completes exchange of $232.8M term loans for new $160M facility and 58.2M shares

ALTISOURCE PORTFOLIO SOLUTIONS S.A.

Lenders exchanged $232.8M of senior secured term loans for $160M new first lien loan ($110M interest-bearing + $50M exit fee) and 58.2M common shares.
New $12.5M super senior facility (SOFR+6.5%, 10% OID) entered to fund transaction costs and general corporate purposes.
Prior Credit Agreement and Deer Park Revolver terminated; maturity extended to 2029-2030.
Registration rights for resale of Debt Exchange Shares; filing due by Feb 19, 2026.
Napier Park and UBS each may nominate one independent director to board by Mar 3, 2025.

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