The recent credit protection measures initiated by Ebix within the United States are focused solely on safeguarding the US-based entities and do not extend to EbixCash or any other international branches. The filing serves as a strategic move aimed at securing the US company’s position by announcing the sale of a substantial US asset, a step designed to expedite its exit from Chapter 11. Importantly, this filing bears no impact on the day-to-day operations of EbixCash. The company remains steadfast in its dedication to customers, suppliers, and partners, assuring unwavering support and commitment despite the ongoing developments in the US.
