Blackstone-Led Group Set to Inject $100 Million Into Medallia

A group of private credit investors led by Blackstone Inc. is preparing to inject at least $100 million of fresh funds into Medallia Inc. as part of a restructuring that...

By Preeti Singh · Bloomberg Markets

A group of private credit investors led by Blackstone Inc. is preparing to inject at least $100 million of fresh funds into Medallia Inc. as part of a restructuring that will put them in control of the software maker, according to people familiar with the matter.