<a href="https://laohu8.com/S/MSPR">MSP Recovery</a> Inc. Enters Agreement for $55M Secured Loan Facility Amid Restructuring Efforts
MSP Recovery Inc. has entered a Term Sheet with a potential Lender for a first lien secured delayed draw term loan facility of up to $55.0 million. This facility includes Tranche A Loans of up to $10.0 million and a Tranche B Loan of up to $45.0 million, contingent on certain conditions and subject to the Lender's discretion. The Term Sheet outlines binding provisions such as exclusivity and confidentiality, and it proposes the possible appointment of a Chief Restructuring Officer. Additionally, the Company would issue warrants to the Lender for shares, with a maximum coverage of approximately 46.0% on a fully diluted basis if fully drawn. The agreement is non-binding and dependent on further negotiations and the execution of definitive documentation.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MSP Recovery Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001802450-25-000053), on September 02, 2025, and is solely responsible for the information contained therein.
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