Byju Loan Repayment
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Byju's Still Obligated To Repay Full Loan Amount, Say US Lenders
US lenders represented by Glas Trust have countered BYJU's founder Byju Raveendran's claim on verified debt on the company being merely around Rs 20 crore.
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Byju's Makes A Surprise $1.2 Billion Repayment Proposal To Lenders
Indian edtech titan Byju's has made a surprise repayment proposal to lenders, in which the firm has offered to pay back its entire $1.2 billion term loan in less than six months, according to people familiar with the situation.
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Byju's Lenders Huddle With Advisers After Missed Loan Interest
Holders of Byju's $1.2 billion term loan and their advisers are weighing options including negotiating with the company for an amendment, litigating or attempting to seize collateral after the company missed an interest payment on the debt.
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Byju Files Lawsuit Challenging $1.2 Billion Term Loan Acceleration, Seeks Lender Redwood's Disqualification
Edtech major BYJU'S on Tuesday said it has filed a complaint in the New York Supreme Court to challenge acceleration of the USD 1.2 billion (roughly Rs. 9,916 crore) Term Loan B (TLB). The company is also seeking the disqualification of Redwood, who contrary to the terms of TLB, purchased a significant portion of the loan while primarily trading in...
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Byju's Skips $40 Million Loan Payment In Dispute With Lenders
Education startup Byju's has elected not to make further payments on a $1.2 billion loan after a dispute with lenders, escalating a conflict that could jeopardize the future of one of India's highest-flying startups.
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Byju's Files Case Against Investment Firm Over $1.2 Billion Loan Repayment
Education startup BYJU's said on Tuesday it filed a suit against investment management firm Redwood to challenge the acceleration of a $1.2 billion term loan B and to disqualify Redwood for its predatory tactics.
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Big Deadline For Byju's Today In Crisis Over $1.2 Billion Loan Repayment
Byju's, one of the most valuable startup, plans to make a quarterly interest payment of about $40 million on a loan that has been at the center of the beleaguered firm's financial troubles, according to people familiar with the matter.
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Byju's Still Obligated To Repay Full Loan Amount, Say US Lenders
US lenders represented by Glas Trust have countered BYJU's founder Byju Raveendran's claim on verified debt on the company being merely around Rs 20 crore.
-
Byju's Makes A Surprise $1.2 Billion Repayment Proposal To Lenders
Indian edtech titan Byju's has made a surprise repayment proposal to lenders, in which the firm has offered to pay back its entire $1.2 billion term loan in less than six months, according to people familiar with the situation.
-
Byju's Lenders Huddle With Advisers After Missed Loan Interest
Holders of Byju's $1.2 billion term loan and their advisers are weighing options including negotiating with the company for an amendment, litigating or attempting to seize collateral after the company missed an interest payment on the debt.
-
Byju Files Lawsuit Challenging $1.2 Billion Term Loan Acceleration, Seeks Lender Redwood's Disqualification
Edtech major BYJU'S on Tuesday said it has filed a complaint in the New York Supreme Court to challenge acceleration of the USD 1.2 billion (roughly Rs. 9,916 crore) Term Loan B (TLB). The company is also seeking the disqualification of Redwood, who contrary to the terms of TLB, purchased a significant portion of the loan while primarily trading in...
-
Byju's Skips $40 Million Loan Payment In Dispute With Lenders
Education startup Byju's has elected not to make further payments on a $1.2 billion loan after a dispute with lenders, escalating a conflict that could jeopardize the future of one of India's highest-flying startups.
-
Byju's Files Case Against Investment Firm Over $1.2 Billion Loan Repayment
Education startup BYJU's said on Tuesday it filed a suit against investment management firm Redwood to challenge the acceleration of a $1.2 billion term loan B and to disqualify Redwood for its predatory tactics.
-
Big Deadline For Byju's Today In Crisis Over $1.2 Billion Loan Repayment
Byju's, one of the most valuable startup, plans to make a quarterly interest payment of about $40 million on a loan that has been at the center of the beleaguered firm's financial troubles, according to people familiar with the matter.
