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Banks Slap Big Discount on Stuck Software LBO Loan to Shed Risk

A group of banks led by Bank of Montreal is offering a steep discount on a $775 million loan for software firm Pellera Technologies that they’ve been stuck holding for more than a year.

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BloombergLean L·3h ago
Banks Slap Big Discount on Stuck Software LBO Loan to Shed Risk
A group of banks led by Bank of Montreal is offering a steep discount on a $775 million loan for software firm Pellera Technologies that they’ve been stuck holding for more than a year.
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Banks Slap Big Discount on Stuck Software LBO Loan to Shed Risk

How 1 sources are covering this

Banks Slap Big Discount on Stuck Software LBO Loan to Shed Risk

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