AMERICAS DISTRESS DAILY: Newfold Digital Eyes Side Deals

Clearlake Capital Group-backed Newfold Digital is courting additional creditor support for its recently agreed upon debt restructuring via side pacts with lenders that were not part of the original negotiations, according to people with knowledge of the matter.

• At Newfold, minority lenders reaching side deals are being asked to sign non-disclosure agreements, raising the likelihood that individual creditors could receive different mixes of debt, the people said.

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