Thursday, March 28, 2024
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Reimagining Public Sector Analytics
Reimagining Public Sector Analytics

SEARCHED FOR: Kevin Kennedy%2C president and chief executive officer of Avaya

Avaya announces plan support agreement, seeks to exit Chapter 11

Company informed that it has entered into a plan support agreement (PSA) with holders of over 50% of its first lien debt including certain members of the ad hoc group of first lien creditors. The first lien debt holders receive payment before all other debt holders, and have the legal right to seize property from a borrower
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