News and Analysis
Platinum-backed Aventiv strikes deal with lenders on multi-track restructuring
- Max Frumes
- +Rachel Butt
•2 min read
Platinum Equity-backed prison phone operator Aventiv has struck a deal with a group holding more than 90% of its first and second lien term loans to either sell the business or equitize outstanding loans to hand control to lenders, according to 9fin sources.