Avaya Reaches Agreement with Creditors to Support Restructuring
Avaya entered into a plan support agreement (PSA) with holders of more than 50% of its first lien debt, including certain members of the ad hoc group of first lien creditors. In January, Citibank provided $725 million DIP when the company entered Chapter 11.
August 8, 2017
Avaya | Bank of NY Mellon | Citibank | Citicorp
ABF Journal