Alan Ratner

Ben Fader-Rattner

Benjamin Fader-Rattner

Kenneth Zener

Robert Heimowitz

- **Five Point Holdings** has announced a **$450 million senior notes offering due 2030** through its operating subsidiaries.  **[1574197_688d9c6102c0437d9b1ca74d2a6e6ca6]** 
- The proceeds from this offering are intended to fund a **tender offer to repurchase outstanding 10.5% Initial Rate Senior Notes due 2028** and redeem notes maturing in 2025, aiming to **optimize the company's debt structure**.  **[1574197_688d9c6102c0437d9b1ca74d2a6e6ca6]** 
- The tender offer is contingent upon the new senior notes issuance and is set to expire on **September 19, 2025**, with an expected payment date for accrued interest on **September 25, 2025**.  **[1574197_688d9c6102c0437d9b1ca74d2a6e6ca6]** 
- Analysts currently rate Five Point Holdings stock as a **Buy**, citing strong financial performance and attractive valuation.  **[1574197_688d9c6102c0437d9b1ca74d2a6e6ca6]**

Five Point Holdings (FPH)