Lenovo is raising $2 billion through a convertible bond sale to refinance debts and buy back shares.

SoftBank reports that it is becoming more difficult to find Latin American startups that meet its preferred investment requirement of $50 million or more.

A creditor group led by Blackstone is taking over software company Medallia after its owner, Thoma Bravo, declined to provide additional funding.

Creditors of Medallia will invest $150 million into the company to reduce its debt and accelerate its AI initiatives.