Avaya Holdings Corp. (AVYA) News

Avaya Holdings Corp. (AVYA): $0.29

0.01 (+5.34%)

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AVYA News Highlights

  • For AVYA, its 30 day story count is now at 12.
  • Over the past 29 days, the trend for AVYA's stories per day has been choppy and unclear. It has oscillated between 1 and 6.
  • The most mentioned tickers in articles about AVYA are PR, APO and EM.

Latest AVYA News From Around the Web

Below are the latest news stories about AVAYA HOLDINGS CORP that investors may wish to consider to help them evaluate AVYA as an investment opportunity.

Avaya Wipes Out Shareholders In Bankruptcy

After protracted negotiations with creditors, ailing digital communications solutions provider Avaya (AVYA) finally

Henrik Alex on Seeking Alpha | February 15, 2023

Avaya files for bankruptcy, draws $780M in new financing

Avaya Holdings (NYSE:AVYA) has filed for Chapter 11 bankruptcy, pursuing a prepackaged plan to cut its debt and shore up the balance sheet as it had signaled in recent weeks.

The company said its Restructuring Support Ag...

Seeking Alpha | February 14, 2023

Avaya files for Chapter 11 bankruptcy

Avaya said upon completion of the restructuring process it will reduce its total debt by more than 75%, from nearly $3.4 billion to about $800 million. The new capital is "expected to provide substantial liquidity to support Avaya during the process and beyond," it said. Avaya had said there was substantial doubt about its ability to continue as a going concern in light of a debt maturity in 2023, according to a Wall Street Journal report in December, which cited people familiar with the matter.

Yahoo | February 14, 2023

Avaya Filed Chapter 11. The Stock Is Worthless.

Telecommunications-equipment and software provider Avaya has filed chapter 11 for the second time. A new deal will wipe out most of its debt.

Yahoo | February 14, 2023

Avaya files for bankruptcy amid SEC investigation

After weeks of speculation, Avaya Holdings Corp. has filed for Chapter 11 bankruptcy reorganization.

Yahoo | February 14, 2023

Avaya files for bankruptcy, about 5 years after emerging from previous bankruptcy

Avaya Holdings Corp. said Tuesday that it and all of its U.S. subsidiaries filed for bankruptcy, a little more than five years after emerging from its previous bankruptcy. The business communication company said it entered a financial restructuring agreement that will reduce its debt by more than 75%, from $3.4 billion to about $800 million.

Yahoo | February 14, 2023

Avaya Takes Action to Accelerate Transformation and Fortify Capital Structure

MORRISTOWN, N.J., February 14, 2023--Avaya Holdings Corp. (NYSE: AVYA) ("Avaya" or the "Company"), a global leader in solutions to enhance and simplify communications and collaboration, today announced that it has entered into a Restructuring Support Agreement (the "Financial Restructuring") with overwhelming support of more than 90% of the Company’s secured lenders (the "Investor Group"). Implementing the Financial Restructuring will accelerate Avaya’s ongoing business transformation, significa

Yahoo | February 14, 2023

Avaya’s John Lindsley Honored as a 2023 CRN Channel Chief

RALEIGH-DURHAM, N.C., February 09, 2023--Avaya announced CRN named John Lindsley, VP of North America Channel Sales at Avaya, to its 2023 Channel Chiefs list.

Yahoo | February 9, 2023

Avaya Board Accused of ‘Massive Fraud’ in Suit by Bondholders

(Bloomberg) -- Avaya Holdings Corp.’s board misled investors about the company’s finances and management as part of a “massive fraud,” according to a lawsuit filed in New York state court by bondholders who claim they lost more than $125 million.Most Read from BloombergQuake Toll Hits 4,000 in Turkey and Syria as Rescue Teams ArriveTurkey’s South Hit by a Second High-Magnitude EarthquakeDell to Cut About 6,650 Jobs, Battered by Plunging PC SalesUS Moves to Recover Chinese Balloon While Weighing

Yahoo | February 6, 2023

Avaya settles patent lawsuits amid talk of bankruptcy

Avaya’s challenges have been stacking up since a failed debt deal last summer that resulted in the ouster of its CEO.

Yahoo | February 2, 2023

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