Byju's to halt $1.2 billion loan payments until court order
The Morning Standard|June 07, 2023
Byju's files complaint with New York court
UMA KANNAN @ Bengaluru
Byju's to halt $1.2 billion loan payments until court order

EDTECH firm Byju's has elected not to make any further payments on a $1.2 billion Term Loan B (TLB), including any interest until the dispute with the lenders is decided by the court. According to reports, the interest stood at about $40 million and was due on Monday.

This story is from the June 07, 2023 edition of The Morning Standard.

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This story is from the June 07, 2023 edition of The Morning Standard.

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