BRIEF-Bigbear.ai To Strengthen Balance Sheet Through Significant Debt Reduction

Reuters

01/03

Jan 2 (Reuters) - BigBear.ai Holdings Inc BBAI.N:

BIGBEAR.AI TO STRENGTHEN BALANCE SHEET THROUGH SIGNIFICANT DEBT REDUCTION
BIGBEAR.AI HOLDINGS INC - BIGBEAR.AI EXPECTS TO ELIMINATE $125 MILLION OF DEBT
BIGBEAR.AI HOLDINGS- ISSUED NOTICE TO HOLDERS OF CO'S 6.00% CONVERTIBLE SENIOR SECURED NOTES DUE 2029 CALLING FOR REDEMPTION OF ALL OUTSTANDING NOTES
BIGBEAR.AI HOLDINGS INC - TO SATISFY CONVERSION OF NOTES, EXPECTS TO ISSUE APPROXIMATELY 38 MILLION SHARES OF ITS COMMON STOCK

Source text: ID:nBw6cYClka

Further company coverage: BBAI.N

((Reuters.Briefs@thomsonreuters.com;))

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