Byju's, lenders agree to complete term loan amendment by August 3
"We are pleased to make progress with BYJU'S toward a completed loan amendment. This announcement is consistent with our stated goal of working constructively with BYJU'S management to protect the value of the franchise," the steering committee of ad hoc term loan lenders said.
In recent months, the edtech major has been grappling with multiple issues, including concerns over its corporate governance practices. (Image Credit: Reuters/file)