Tuesday, July 23, 2024
Outlook India
Outlook Business

Debt Financing

The scheme involved selling advertising inventory the company did not have, then under-delivering on its advertising campaigns and invoicing clients as if it had delivered in full

The term loan B is reportedly due in 2026 and the interest rate change does not imply a default at BYJU’S end

Business-to-Business (B2B) brand Udaan is all set to raise $150 million through debt financing.