Roadzen (RDZN) has reached an agreement in principle with Mizuho Securities to extend the maturity date of the Company’s existing senior secured notes. Under the terms of the extension, the maturity of Roadzen’s $11.5 million senior secured notes will be extended by 18 months – from December 31, 2025 to June 30, 2027 – with no other change to the structure. The extension provides Roadzen with enhanced financial flexibility to support its global growth while removing a significant portion of short-term liabilities, thereby strengthening its capital structure. The senior secured notes accrue interest at 15% annually. Completion of the extension is subject to the execution of definitive agreements and customary closing conditions.
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