Anthology Has Talked with Lenders About Raising Fresh Capital

April 10, 2024, 9:18 PM UTC

Some Anthologycreditors have held discussions with the education-software provider about possibly injecting fresh capital to help bolster cash reserves, according to people with knowledge of the situation.

  • All first-lien lenders are expected to be eligible to participate, said the people, who asked not to be identified discussing a private matter
    • Terms haven’t been finalized and a deal may not materialize
  • NOTE: Bloomberg reported in November that Anthology was working with PJT Partners for debt help and that a group of lenders organized with Lazard and Davis Polk
  • Messages left with the company, private equity backer Veritas Capital and Davis ...





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