Cybersecurity
KKR-Backed Optiv Starts Private Talks With Junior Lenders
Some of Optiv Inc.’s creditors have entered into confidential talks with the cybersecurity firm as it faces a surge of payments on maturing debt next year, according to people familiar with the situation.
The talks with the owners of its second-lien loans come after the KKR & Co.-backed firm slipped further into distressed territory.