Major Creditors Engage Advisers in RSA Security Debt Restructuring Talks
Leading financial institutions BlackRock and Veritas Capital have reportedly enlisted advisory firms to assist with RSA Security’s debt restructuring discussions. The creditor group holds significant first- and second-lien positions in the private equity-backed cybersecurity company. Industry sources indicate negotiations are ongoing as stakeholders seek to resolve the company’s debt burden.
Major Creditors Seek Advisory Support in RSA Security Debt Negotiations
A consortium of lenders to private equity-backed RSA Security, including financial giants BlackRock and Veritas Capital, has reportedly engaged professional advisers as the company continues negotiations regarding its debt structure, according to sources familiar with the matter.