BYJU's Term Loan Lenders and Agent Initiate Involuntary Chapter 11 Petitions Against US-Based Guarantors

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BYJU's Term Loan Lenders and Agent Initiate Involuntary Chapter 11 Petitions Against US-Based Guarantors

The ad hoc group of term loan lenders of BYJU's Alpha Inc. USD 1.4bn term loans that certain holders of the Term Loans and GLAS Trust Company LLC (as administrative agent and collateral agent of the Term Loans) have filed petitions pursuant to Chapter 11 of the US Bankruptcy Code to initiate...

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