Avaya Holdings Corp.

Thesis

The investment was based on the expectation that Avaya would successfully raise funds to pay off a convertible debt, which would stabilize its financial position. The company was in the process of raising $500 million to address its convertible debt due in 2023, which was seen as a positive development for its future.

Did it work?

Not yet analyzed

No outcome has been scored for this pitch yet, so there's no verdict to show.