| Home : Avaya Announces Plan Support Agreement Executed by Holders of More than Two-Thirds of First Lien Debt |
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Sep 14
2017 |
Avaya Announces Plan Support Agreement Executed by Holders of More than Two-Thirds of First Lien Debt |
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NEW YORK, NY--(Marketwired - September 12, 2017) - Avaya Inc. ("Avaya" or the "Company") announced today that its First Amended Plan Support Agreement dated August 6, 2017 (the "PSA") has now been executed by holders of over two-thirds in amount of the total amount of its First Lien Debt (as defined in the PSA) -- up from more than 50% when the PSA was initially announced -- including substantially all of the members of the Ad Hoc Group of First Lien Creditors (the "Ad Hoc First Lien Group"). |
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| Source:http://www.marketwired.com/mw/release.do?id=2233388&sourceType=3 |
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