Planview Seeks Private Credit Firms for Debt Management

Software company Planview is engaging with private credit firms to manage its debt due next year, Bloomberg posted on X, citing sources familiar with the matter. The move comes as the firm looks to address its financial obligations and explore potential solutions for its upcoming debt maturity. Details on the specific credit firms involved or the terms of the potential agreements have not been disclosed. Planview's efforts highlight a growing trend among companies seeking alternative financing options to navigate financial challenges.