Friday, April 7, 2023

Byju’s lenders seek $200 million loan prepayment; government notifies online gaming rules

Edtech major Byju's lenders have sought up to $200 million in prepayment along with a higher interest rate to restructure its $1.2 billion term loan B (TLB).

from Tech-Economic Times https://ift.tt/BDK0PpH

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...