Exela Technologies Gets Backing From Noteholders for Chapter 11

Exela Technologies BPA secured backing from over 80% of its April 2026 noteholders for an amended bankruptcy plan, targeting emergence by the end of the second quarter.

• Pact on terms contained in the Amended Plan Support Agreement filed in court last week
• April 2026 noteholders to swap debt for equity
• Obtained final approval of its proposed debtor-in-possession financing

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