AMERICAS DISTRESS DAILY: Clearlake’s FinThrive Seeking Debt Deal

July 2, 2024, 12:14 PM UTC

Clearlake Capital Group-backed FinThrive is holding discussions with some creditors on a deal that would trim more than $1.8 billion of its debt and provide the health-care software company with fresh money, Bloomberg News reported Monday.

The parties have discussed a potential overhaul that would include a below-par debt exchange and would also revise the order of debt repayments, according to people with knowledge of the matter, who asked not to be identified because the discussions are private. Talks are ongoing and nothing has been finalized.

Click here for FinThrive’s capital structure

In Other News:

  • Furniture retailer Conn’s Inc. is ...







Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.