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Altisource Portfolio Solutions SA ( (ASPS) ) has shared an announcement.
On February 19, 2025, Altisource Portfolio Solutions S.A. completed a significant financial restructuring by closing its Term Loan Exchange Transactions and entering a $12.5 million Super Senior Facility. This exchange involved converting $232.8 million of senior secured term loans into a new $160 million first lien loan and issuing approximately 58.2 million common shares. The restructuring aims to strengthen Altisource’s balance sheet, positioning the company for sustainable long-term growth and value creation.
More about Altisource Portfolio Solutions SA
Altisource Portfolio Solutions S.A. is a leading provider and marketplace for the real estate and mortgage industries.
YTD Price Performance: 5.75%
Average Trading Volume: 208,145
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $19.54M
Find detailed analytics on ASPS stock on TipRanks’ Stock Analysis page.
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