Brief: MSP Recovery Entered Into A Term Sheet For The Monetization Of A Portion Of Its Company-Owned Assignor Interests
03/01/2023 05:06
Jan 3 (Reuters) -
* MSP RECOVERY, NOW DOING BUSINESS AS LIFEWALLET, ENTERED
INTO A
TERM SHEET FOR THE MONETIZATION OF A PORTION OF ITS
COMPANY-OWNED ASSIGNOR INTERESTS AS A NEW SOURCE OF MONETIZATION
FOR $275 MILLION, AND PAYMENT OF $48 MILLION IN SERVICING FEES
FOR 2023
Source text for Eikon: ID:nGNXc5yKnN
Further company coverage: MSPR.O
((Reuters.Briefs@thomsonreuters.com;))
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