Search results
Feb 14, 2023 · Avaya Holdings Corp has filed for Chapter 11 bankruptcy and secured a financing of $780 million as it restructures its business, the IT firm said on Tuesday.
Avaya has come out of chapter 11 bankruptcy with approximately $650 million in liquidity. Company officials said Avaya emerges from bankruptcy focused on advancing innovation with their long-range product road map...
Feb 14, 2023 · Struggling unified communications giant Avaya has filed for Chapter 11 bankruptcy protection. The company listed in its filing unsecured claims valued in millions from the likes of Verint...
Feb 14, 2023 · Upon the company’s emergence from Chapter 11, the $500 million new-money term loan and $128 million ABL facility will roll into exit facilities. Additionally, the company said, certain secured...
Dec 16, 2022 · IT firm Avaya Holdings Corp is reaching a chapter 11 bankruptcy filing to restructure its balance sheet, in a bid to turn around its business and move past accounting problems, the Wall...
Mar 22, 2023 · Company to Emerge from Restructuring Process with Significant Financial Strength and Ample Liquidity to Accelerate Investment in Avaya’s Leading Cloud Communications Portfolio. Continuing to Serve Avaya Ecosystem with Outstanding Communications Solutions, Service and Support. Morristown, NJ – March 22, 2023 – Avaya Holdings ...
Feb 14, 2023 · Avaya Holdings Corp has filed for Chapter 11 bankruptcy and secured a financing of $780 million as it restructures its business, the IT firm said on Tuesday. Avaya said upon completion of the...
Mar 23, 2023 · The company had filed for a prepackaged Chapter 11 proceeding on Feb. 14 with a restructuring support agreement (RSA) in place signed by more than 90% of the company’s secured lenders and with...
Dec 16, 2022 · IT firm Avaya Holdings Corp is reaching a chapter 11 bankruptcy filing to restructure its balance sheet, in a bid to turn around its business and move past accounting problems, the Wall...
Dec 18, 2017 · Avaya filed to restructure under Chapter 11 bankruptcy protection in January. While software and services now account for 73 percent of its revenue, Avaya insists it has no plans to stop...
