Byju Makes Surprise $1.2 Billion Payment Offer

Byju Makes Surprise $1.2 Billion Payment Offer

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Interactive Video

Business

University

Hard

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The video discusses a significant development in the Baiju saga, where the company has made a surprising repayment offer to its term loan lenders. This offer, amounting to $300 million, is part of a strategy to settle a $1.2 billion term loan, one of the largest among global startups. Baiju plans to sell overseas units like Great Epic and Great Learning to raise around $1 billion, alongside utilizing $500 million in cash reserves. If creditors accept the offer, Baiju aims to pay $300 million within three months, potentially cooling off a major dispute. The company signals a willingness to restructure and negotiate with lenders, aiming for a fresh start.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of Baiju's $1.2 billion term loan?

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.