Page 25 - Great Learning News Today

Edtech major BYJU's is mulling to sell two of its subsidiaries, Epic and Great Learning, to raise between $800 million and $1billion, amid reports that the company has formulated a proposal to repay its outstanding $1.2 billion Term Loan B ...

The company has put two of its group firms -- higher education platform Great Learning and kids-focused digital reading platform Epic – on sale to raise immediate funds to meet the repayment obligations towards the $1.2 billion of Term Loan B it availed from a consortium of US-based creditors, sources close to the development said.

Byju's has been in discussions with the lenders and has made a proposal to clear its Term B loan, according to a report

BYJU'S has put two of its subsidiaries, Epic and Great Learning, on the market, looking to raise between $800 Mn and $1 Bn from the sale.

The company is offering to repay $300 million of the distressed debt within three months

Indian education giant Byjus is looking to sell two companies it acquired in 2021 - Great Learning and Epic - to raise up to $1 billion in an effort to streamline its businesses and repay lenders,...

Indian education giant Byju's is looking to sell two companies it acquired in 2021 - Great Learning and Epic - to raise up to $1 ......

BYJU'S is looking to raise up to $400 million-$500 million from US-based kids’ learning platform Epic it acquired in May 2022 for about $500 million,

The firm is also working on raising fresh capital from equity sales, and is working with bankers for the sale of the aforementioned key assets to strategic investors

Byju’s is looking to raise up to $400 million-$500 million from US-based kids' learning platform Epic it acquired in May 2022 for about $500 million, as per reports.