Sidley represented an ad hoc group of holders of Senior Notes due 2025 (the 2025 Unsecured Notes) of Finance of America Companies Inc. (FOA), in connection with a comprehensive support agreement, exchange offer, and consent solicitation by FOA. As part of the exchange transactions, holders of the 2025 Unsecured Notes were offered the ability to exchange their 2025 Unsecured Notes for (i) up to US$200 million aggregate principal amount of Senior Secured Notes due 2026, subject to certain extensions, and (ii) up to US$150 million aggregate principal amount of Exchangeable Senior Secured Notes due 2029, and receive certain upfront fees. Holders of approximately 98% of the 2025 Unsecured Notes participated in the exchange. The ad hoc group consisted of Brigade Capital Management, Anchorage Capital Advisors, and Beach Point Capital Management.

The Sidley team was led by Neil Horner (Global Finance) and Johnny Skumpija (Capital Markets) and included Mark Werner, Ram Burshtine, Scott Dawson, and Greg Wolszczak (Global Finance); Robert Mandell, Kostian Ciko, and Gabriella Tang (Capital Markets); Anthony Grossi and Jason Hufendick (Restructuring); and Daniel Altman (Tax); among others.~~Sidley represented an ad hoc group of holders of Senior Notes due 2025 (the 2025 Unsecured Notes) of Finance of America Companies Inc. (FOA), in connection with a comprehensive support agreement, exchange offer, and consent solicitation by FOA. As part of the exchange transactions, holders of the 2025 Unsecured Notes were offered the ability to exchange their 2025 Unsecured Notes for (i) up to US$200 million aggregate principal amount of Senior Secured Notes due 2026, subject to certain extensions, and (ii) up to US$150 million aggregate principal amount of Exchangeable Senior Secured Notes due 2029, and receive certain upfront fees. Holders of approximately 98% of the 2025 Unsecured Notes participated in the exchange. The ad hoc group consisted of Brigade Capital Management, Anchorage Capital Advisors, and Beach Point Capital Management.

The Sidley team was led by Neil Horner (Global Finance) and Johnny Skumpija (Capital Markets) and included Mark Werner, Ram Burshtine, Scott Dawson, and Greg Wolszczak (Global Finance); Robert Mandell, Kostian Ciko, and Gabriella Tang (Capital Markets); Anthony Grossi and Jason Hufendick (Restructuring); and Daniel Altman (Tax); among others.