Software Firm Planview Pitches Private Credit to Refinance Debt

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Private Credit:Software firm Planview Inc. has reached out to private credit firms to help it address debt maturing next year, according to people familiar with the situation. Increased competition due the proliferation of artificial intelligence powered tools and high leverage have raised concerns about the company’s ability to refinance its debt obligations in the public market, said the people familiar, who asked not to be identified discussing a private matter.