BYJU's, lenders agree to amend $1.2b term loan

BYJU's, lenders agree to amend $1.2b term loan

Photo: Screenshot from Byju's website

Embattled Indian edtech startup BYJU’s has reached a tentative agreement to rework its loan pact with lenders who collectively own more than 85% of the $1.2-billion Term B loan, the steering committee of ad hoc term loan lenders said on Monday.

Edited by: Padma Priya