Byju Makes Surprise $1.2 Billion Payment Offer

The video discusses a significant development in the Baiju saga, where the company has made a surprising repayment offer to its term loan lenders. This offer, amounting to $300 million, is part of a strategy to settle a $1.2 billion term loan, one of the largest among global startups. Baiju plans to sell overseas units like Great Epic and Great Learning to raise around $1 billion, alongside utilizing $500 million in cash reserves. If creditors accept the offer, Baiju aims to pay $300 million within three months, potentially cooling off a major dispute. The company signals a willingness to restructure and negotiate with lenders, aiming for a fresh start.

What is the significance of Baiju's $1.2 billion term loan?

• It is the largest loan in the world.

• It is one of the largest loans among startups globally.

• It is a small loan compared to other startups.

• It is a loan only for local operations.

What is Baiju's plan to raise funds for the repayment?

• Cutting down on operational costs.

• Taking another loan from a different lender.

• Selling overseas units like Great Epic and Great Learning.

• Issuing new shares in the market.

How much does Baiju expect to raise from selling its overseas units?

• $300 million

• $1.5 billion

• $1 billion

• $500 million

What is the expected timeline for Baiju to pay $300 million?

• In one month

• In three months

• In six months

• In one year

What could be a potential outcome if the creditors accept Baiju's offer?

• The company will need to find new investors.

• The company will have to close its operations.

• The dispute might settle, leading to a fresh start.

• The company will face bankruptcy.