Mastodawn

Big news for Avaya:

1) it secured a $780M financing
2) it struck a deal to reduce its debt from $3.4B to $800M
3) it will file for a short bankruptcy to execute its restructuring
4) it extended its alliance with RingCentral for UCaaS

https://buff.ly/3jVa9Bb

Avaya Takes Action to Accelerate Transformation and Fortify Capital Structure

Avaya Holdings Corp. (NYSE: AVYA) (“Avaya” or the “Company”), a global leader in solutions to enhance and simplify communications and collaboration, t