---
schema_version: "secwatch.filing_event.v1"
accession: "0001462418-25-000025"
form_type: "8-K"
ticker: "ASPS"
cik: "0001462418"
company_name: "ALTISOURCE PORTFOLIO SOLUTIONS S.A."
filed_at: "2025-02-25T23:59:59+00:00"
generated_at: "2026-05-26T04:41:46.383293+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001462418-25-000025
- form_type: 8-K
- ticker: ASPS
- cik: 0001462418
- company_name: ALTISOURCE PORTFOLIO SOLUTIONS S.A.
- filed_at: 2025-02-25T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462418/000146241825000025/0001462418-25-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462418/000146241825000025/asps-20250219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001462418-25-000025
- JSON: https://secwatch.observer/filing/0001462418-25-000025.json
- Plain text: https://secwatch.observer/filing/0001462418-25-000025.txt

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