Byju’s skips $40 million loan payment in dispute with lenders

Byju’s did not pay $40 million in interest that was due on Monday, according to people with knowledge of the matter. The company said in a statement June 6 that it has filed a complaint concerning the loan to the New York Supreme Court.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/byju’s-skips-3640-million-loan-paymentdisputelenders_17072101.html