New Delhi, Dec 14 : In seemingly fresh trouble for BYJUs, some lenders have asked the edtech unicorn to repay part of a $1.2 billion loan they recently bought into as they renegotiate terms of the debt, sources said on Wednesday. Renegotiating the terms of the debt, including faster repayment are unlikely to be accepted since these lenders make up a minority and can't sway the previously agreed terms, sources said. The demand from creditors comes at a time when BYJU's is in the process to restructure the loan, amid mounting losses. Sources told IANS that at least 51 per cent of the lenders have to agree with the new terms and conditions of the loan, including repayment. If this condition is not met, such a large loan issue cannot be rewritten and this is the standard clause in any term loan issue. Moreover the originally agreed loan repayment terms will be met, according to a person close to the edtech major. The edtech unicorn reported a loss of Rs 4,588 crore for the fiscal year that ended on March 31, 2021. The losses in 2020-21 fiscal widened from Rs 231.69 crore in 2019-20 while revenue during FY21 dropped to Rs 2,428 crore from Rs 2,511 crore in FY20. According to the company, the losses widened in FY21 mainly on account of deferment of some revenue and losses incurred from WhiteHat Jr. Last month, global investment group Prosus put the fair value of its 9.67 per cent stake in BYJU'S at $578 million, which technically puts the current valuation of the edtech major at nearly $6 billion -- last valued at $22 billion. In its September quarter results, Prosus classified BYJU's as a non-controlling financial investment rather than an associate, as its shareholding dropped below 10 per cent. Prosus had told IANS that the investment group has changed the accounting treatment for BYJU's and in the subsequent reporting periods, "the company will be accounted for as an investment". Prosus hasn't sold any of its stake in BYJU'S, which reported Rs 4,500 crore loss in FY21 due to accounting change (or Rs 12.5 crore loss daily), but "made Rs 27 crore in revenue per day in FY22". In October, the edtech major took an unsecured loan of Rs 300 crore from its subsidiary Aakash Educational Services, which it acquired for more than $950 million, to bolster its "principal business activities". BYJU'S also raised $250 million from its existing investors in a fresh round of funding in October. /IANS