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Apple enhances AirPods Max with lossless audio and AI leadership changes, while Tesla faces regulatory hurdles in China and legal issues in the US. Ford is under investigation for gear shifts in F-150 trucks, and Bank of America appoints a new head for India. In Europe, SAP surpasses Novo Nordisk in market value, and Bayer's stock drops after a significant jury verdict. BYD reports a substantial profit increase, and Toyota delays its battery factory project while starting a recycling facility.
FinThrive, a healthcare software company backed by Clearlake Capital Group, has announced a debt refinancing that includes below-par exchanges and improved terms for creditors involved in the deal. The new structure features a tiered repayment order with first-out to fourth-out term loans, and $155 million in new funding will rank alongside the first-out loan, while Clearlake will subordinate its holdings to the fourth-out position.
Clearlake Capital Group LP
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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16:15 24.03.2025
finthrive secures refinancing with improved terms for creditors
18:16 20.11.2024
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