{"id":938964,"date":"2025-06-17T07:46:34","date_gmt":"2025-06-17T02:16:34","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=938964"},"modified":"2025-06-17T08:00:40","modified_gmt":"2025-06-17T02:30:40","slug":"mavenir-siris-announce-recapitalisation-plan-secure-300-million-in-senior-financing","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/06\/17\/mavenir-siris-announce-recapitalisation-plan-secure-300-million-in-senior-financing\/","title":{"rendered":"Mavenir &amp; Siris announce recapitalisation plan, secure $300 million in senior financing"},"content":{"rendered":"<p>US-based network infrastructure firm Mavenir along with its existing investor Siris, a private equity firm, on Monday announced a recapitalisation plan in agreement with Mavenir\u2019s lenders. <\/p>\n<p>Under the plan, the transaction will eliminate over $1.3 billion in existing debt and secure $300 million in new senior financing, along with a subordinated facility from Siris and participating lenders, according to a statement from Mavenir, which was shared exclusively with ETTelecom.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US-based network infrastructure firm Mavenir along with its existing investor Siris, a private equity firm, on Monday announced a recapitalisation plan in agreement with Mavenir\u2019s lenders. Under the plan, the transaction will eliminate over $1.3 billion in existing debt and secure $300 million in new senior financing, along with a subordinated facility from Siris and participating lenders, according to a statement from Mavenir, which was shared exclusively with ETTelecom.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-938964","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/938964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=938964"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/938964\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=938964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=938964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=938964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}