MSP Recovery, Inc. acquired membership interests in entities that own certain claims recovery and reimbursement rights from Hazel Holdings I LLC for $390 million, funded by proceeds from the Claims Sale and a $250 million purchase money loan. They also entered into an investment agreement and membership interest purchase agreement with Hazel for the sale of membership interests in entities that own other claims recovery and reimbursement rights for $150 million. Additionally, they entered into an Amended and Restated Credit Agreement with affiliates of Hazel for an $80 million term loan credit facility.