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Questions and Answers
Which one of these is true about Byju's loan pact?
Which one of these is true about Byju's loan pact?
- Byju's loan pact will be reworked at the end of the tenure.
- Byju's lenders collectively own 85% of the $1.2 billion Term B loan.
- Byju's has reached a final agreement with lenders.
- Byju's is restructuring its loan pact with lenders. (correct)
When is the announcement about Byju's loan pact expected?
When is the announcement about Byju's loan pact expected?
- Next week
- Today (correct)
- Next month
- Tomorrow
What is the purpose of a Term Loan B (TLB)?
What is the purpose of a Term Loan B (TLB)?
- To generate long-term returns on investment for the lenders. (correct)
- To generate long-term returns on investment for the borrower.
- To pay off the principal amount at the end of the tenure.
- To pay off the interest amount at the end of the tenure.
