What is the significance of Baiju's $1.2 billion term loan?
Byju Makes Surprise $1.2 Billion Payment Offer

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Business
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University
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is the largest loan in the world.
It is one of the largest loans among startups globally.
It is a small loan compared to other startups.
It is a loan only for local operations.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Baiju's plan to raise funds for the repayment?
Cutting down on operational costs.
Taking another loan from a different lender.
Selling overseas units like Great Epic and Great Learning.
Issuing new shares in the market.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much does Baiju expect to raise from selling its overseas units?
$300 million
$1.5 billion
$1 billion
$500 million
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected timeline for Baiju to pay $300 million?
In one month
In three months
In six months
In one year
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What could be a potential outcome if the creditors accept Baiju's offer?
The company will need to find new investors.
The company will have to close its operations.
The dispute might settle, leading to a fresh start.
The company will face bankruptcy.
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