Bird enters into comprehensive restructuring support agreement with first- and second-lien lenders to strengthen financial position

Bird has sufficient liquidity to meet financial obligations to city partners, vendors, suppliers, and employees during and after the restructuring process, and will operate as usual agreement has unanimous support of first- and second-lien lenders apollo global management and second-lien lenders to provide $ 25 million in dip financing miami , dec. 20, 2023 /prnewswire/ -- bird global, inc. (otcqx: brds), ("bird" or the "company") a leader in environmentally friendly electric transportation, today announced its entry into a financial restructuring process aimed at strengthening its balance sheet and better positioning the company for long-term, sustainable growth. bird will operate as usual during this process, maintaining the same service for its riders and upholding its commitments to partner cities, fleet managers, and employees.
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