Brightspeed in talks for up to $3bn financing as bankruptcy remains an option

Brightspeed, with about $10bn of debt, is negotiating up to $3bn in new financing with its creditors, with bankruptcy still among the options. A $2.5bn loan was trading at 17 cents on the dollar.

Detected & updated continuously · Source: Nebula

Story subjects

Brightspeed

Track sentiment and mindshare across stocks and crypto in Nebula.

Open Nebula