Exclusive-Vista Equity in talks to hand over Pluralsight to creditors, sources say
By Milana Vinn (Reuters) – Private equity firm Vista Equity is in talks to cede control of its company Pluralsight to lenders, according to three people familiar with the matter and fund documents reviewed by Reuters. The financial information in the documents sheds light on how Pluralsight is set to become the first major debt restructuring of a company that borrowed from “shadow banks”. The term is used on Wall Street to describe lenders that … Read more…