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BYJU’S lenders looking for amendment proposal for $1.2 Bn TLB

Shortpedia

Content Team
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Amid the ongoing legal tussle between edtech giant BYJU’S and its lenders for the $1.2 Bn Term Loan B (TLB), the creditors are reportedly looking to send the edtech decacorn a draft loan amendment proposal. The development comes as hostilities between the two sides caused the scheduled call cancelled on Monday, people familiar with the matter told ET.