Shaken by AI Threats Perforce Software Inks Rare Swap on Risky Debt

Perforce Software Inc. reached a deal with a group of junior lenders that buys the company more time to repay a looming pile of debt while allowing the creditors to...

By Reshmi Basu · Bloomberg Markets

Perforce Software Inc. reached a deal with a group of junior lenders that buys the company more time to repay a looming pile of debt while allowing the creditors to move up in the pecking order.