NSO Group is reportedly at risk of default following its U.S. blacklisting. Moody's has dropped NSOs credit rating and claims that it is at risk of defaulting on ~$500M of debt.
- Back in 2019, NSO's founders and a private investment fund collaborated to take control of the firm at a $1B valuation.
- To get the deal done, NSO's founders, Shalev Hulio and Omri Lavie, took out $500M in loans from two banks. It is on these loans the company is at risk of defaulting.
- Jeruselum is reportedly prodding Washington to take NSO off its blacklist on the grounds that its cyberwar is crucial to Israel's foreign policy and national security.
- NSO produces the notorious Pegasus software, which has been used by foreign governments to hack the cellphones of their enemies.