Avaya Lenders Put Company On Notice After Earnings Report Delay

Avaya Lenders Put Company On Notice After Earnings Report Delay

A group of Avaya Holdings Corp. debt holders told the company’s loan agent that they intend to call a default on the telecommunications company if it fails to file its quarterly results by the end of a grace period.

The lenders sent a letter to Goldman Sachs Group Inc., the loan’s agent, on Tuesday, according to people with knowledge of the situation.

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