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Stock impact report

Carlyle-Backed Veritas Nears $4 Billion Debt Deal With Creditors [Yahoo! Finance]

Houlihan Lokey, Inc. Class A (HLI) 
Last houlihan lokey, inc. class a earnings: 2/3 04:15 pm Check Earnings Report
US:NYSE Investor Relations: hl.com/us/pressreleases.aspx
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Under Trump, Prepare for New US Transportation Priorities The Leaf Blowers Will Not Go Quietly Arizona Elections Signal Robust Immigration Enforcement Under Trump Scoring an Architectural Breakthrough in Denver's RiNo District The software company has agreed to terms with a group of lenders, and is now seeking an agreement with other creditors, said the people, who asked not to be identified because the discussions are private. The overhaul would end months of talks between the company and creditors over how to use the $3.6 billion it got from the sale of its data protection business to Cohesity Inc. to deal with the maturing debt. Veritas has battled with its lenders - led by Elliott Investment Management - over how to structure the payouts. Under terms of the deal, Veritas will use cash proceeds from the sale to help repay $3 billion of its notes and bonds, the people said. Another $600 million of the cash paydown will come from a new margin l Show less Read more
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