Symplr’s backers reportedly agree to about $175 million equity injection
Bloomberg reports the preferred-equity commitment is part of a debt revamp that creates multiple debt securities and extends repayment timelines.
TLDR
Symplr Software’s private equity backers have agreed to inject about $175 million in preferred equity, Bloomberg reports. The agreement is part of a debt revamp that creates multiple debt securities and gives the firm longer to repay.
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