Brief: Banzai Announces $24.8 Million Debt Payoff And Restructuring Agreements With Participation From Company Insiders

Parabolic Technologies

24/09/2024 13:37

Sept 24 (Reuters) - Banzai International Inc  BNZI.O :
    * BANZAI ANNOUNCES $24.8 MILLION DEBT PAYOFF AND
RESTRUCTURING
AGREEMENTS WITH PARTICIPATION FROM COMPANY INSIDERS
    * BANZAI INTERNATIONAL INC - TO ELIMINATE $15.3 MILLION DEBT
VIA
PRIVATE PLACEMENT AND RESTRUCTURING
    * BANZAI- MATURITY DATE OF CB BF LENDING TERM LOAN EXTENDED
TO FEB
19, 2027

Source text for Eikon:  ID:nGNX8sXbGg 
Further company coverage:  BNZI.O 

 ((Reuters.Briefs@thomsonreuters.com;))