Platinum Equity's Aventiv Announces Distressed Debt Exchange Months After FCC Regulations Take Effect
June 12, 2025
June 12, 2025
CHICAGO, Illinois, June 12 -- The Private Equity Stakeholder Project issued the following news:
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Platinum Equity's Aventiv announces distressed debt exchange months after FCC regulations take effect
In April 2025, embattled prison telecommunications company Aventiv announced a distressed debt-for-equity exchange with creditors set to take over the company and lenders issuing a $360 million loan. The debt deal, akin to an out of court bankruptcy, i . . .
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Platinum Equity's Aventiv announces distressed debt exchange months after FCC regulations take effect
In April 2025, embattled prison telecommunications company Aventiv announced a distressed debt-for-equity exchange with creditors set to take over the company and lenders issuing a $360 million loan. The debt deal, akin to an out of court bankruptcy, i . . .