04:10 PM EST, 11/11/2025 (MT Newswires) -- KKR (KKR)-backed cybersecurity firm Optiv entered confidential discussions with its creditors amid a surge in payments on maturing debt next year, Bloomberg reported Tuesday, citing people familiar with the matter.
The private talks with holders of its second-lien loans come after the company fell further into distressed territory, the report said.
More than half of the company's $1 billion in debt is due in 2026, including a $650 million term loan, the report said.
KKR and Optiv didn't immediately respond to requests for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)