BYJUS is offering to pay a higher interest rate for its $1.2 bn loan

According to a report, the edtech giant is in discussions with creditors on boosting the interest rate by at least 200-300 basis points (bps) as part of renegotiating debt-financing arrangements. This comes after the company triggered a breach of loan covenants by failing to furnish audited financials for the year ended September 2022 on time, … Continue reading BYJUS is offering to pay a higher interest rate for its $1.2 bn loan