Monday, 24 July, 2023
Lenders Approve Changes to BYJU's $1.2 Billion Loan Terms
![Lenders Approve Changes to BYJU's $1.2 Billion Loan Terms](https://d3vnc3w6v6jm99.cloudfront.net/lenders-approve-changes-to-byju-s--1-2-billion-loan-terms.webp)
Lenders of edtech firm BYJU's have agreed to modify the terms of the company's $1.2 billion loan. The agreement comes as BYJU's continues its growth trajectory and seeks to optimize its financial position. The altered loan terms are expected to provide the company with more flexibility and support its expansion plans in the competitive online education market.