AMERICAS DISTRESS DAILY: Anthology Explores Sale Amid Debt Talks

Education-software provider Anthology is exploring a potential sale of the company as it negotiates with lenders about its debt load.

• The company has been working with PJT Partners to consider options, including selling parts of Anthology.
• Moody’s downgraded Anthology to near-default levels two weeks ago, citing the firm’s aggressive financial policies, very weak liquidity and uncertain growth prospects.

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