---
schema_version: "secwatch.filing_event.v1"
accession: "0001828937-24-000003"
form_type: "8-K"
ticker: "FOA"
cik: "0001828937"
company_name: "Finance of America Companies Inc."
filed_at: "2024-02-02T23:59:59+00:00"
generated_at: "2026-06-06T10:03:29.449935+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Finance of America amends promissory notes: ups commitments to $85M, extends maturity to May 2025

## Summary
- Aggregate commitments increased from $60M to $85M; maturity extended from Nov 2024 to May 2025.
- Interest rate remains 10% (15% from May 15, 2024).
- New guarantee and security agreement adds Guarantors (FoA Funding, FoA Reverse, FoA Mortgage) and pledges additional collateral.
- Mandatory prepayment triggers include asset sales, equity issuances, and certain securitization proceeds with prepayment percentages up to 100%.
- Restrictive covenants limit indebtedness, restricted payments, asset sales, and liens; customary events of default.

## SEC filing metadata
- accession: 0001828937-24-000003
- form_type: 8-K
- ticker: FOA
- cik: 0001828937
- company_name: Finance of America Companies Inc.
- filed_at: 2024-02-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828937/000182893724000003/0001828937-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828937/000182893724000003/foa-20240130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828937-24-000003
- JSON: https://secwatch.observer/filing/0001828937-24-000003.json
- Plain text: https://secwatch.observer/filing/0001828937-24-000003.txt

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