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Avaya Holdings (NYSE:AVYA) announces $600M in aggregate financing commitments. The company priced $350M in aggregate principal amount of new senior secured term loans and entered into agreements for the private placement of $250M in aggregate principal amount of exchangeable senior secured notes all due in 2027. The combined principal amount of the offerings was raised from the previously announced offering size of $500M due to increased demand. Transactions expected to close this quarter. Shares +3% PM