Core Viewpoint - Mavenir has completed a comprehensive capital restructuring that will eliminate over $1.3 billion in existing debt and secure $300 million in new priority financing, significantly improving its financial position and preparing the company for sustained growth and long-term success [2][3]. Group 1: Financial Restructuring - The transaction will eliminate over $1.3 billion in existing debt and secure $300 million in new priority financing, along with smaller-scale subordinated financing from Siris and related lenders [2][3]. - Mavenir will benefit from a more robust capital structure, enhanced liquidity, and a significantly reduced net leverage ratio [2][3]. Group 2: Company Vision and Leadership - Mavenir's President and CEO, Pardeep Kohli, emphasized that the company is at the forefront of cloud transformation and is now better positioned to provide innovative solutions to its global customer base [2]. - Hubert de Pesquidoux, Executive Chairman of Mavenir and Executive Partner at Siris, stated that the completion of the transaction reflects the confidence and commitment of Siris and lenders in Mavenir and its mission [3]. Group 3: Industry Position - Mavenir is dedicated to building the future of networks using cloud-native and AI solutions, designed with sustainability in mind, enabling operators to leverage the advantages of 5G [3]. - As a pioneer of Open RAN and a recognized industry disruptor, Mavenir's award-winning solutions are automating and monetizing mobile networks globally, accelerating the software network transformation for over 300 communication service providers in more than 120 countries, serving over 50% of global users [3].
Mavenir 完成全面资本重组
Globenewswire·2025-07-29 14:48