Chile Telecom Co. WOM Can Tap $100M DIP In US Bankruptcy

By Clara Geoghegan · April 2, 2024, 8:00 PM EDT

The second-largest cellphone network operator in Chile, WOM SA, can access $100 million of a debtor-in-possession package during the first leg of its Chapter 11 case, a Delaware bankruptcy judge ruled...

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Bankruptcy Scorecard

Summary

Chilean internet service provider WOM SA sought bankruptcy protection in Delaware with more than $1 billion of debt, pinning its struggles on credit downgrades, delays in a 5G network project and creditor liquidation attempts.

Case Number

1:24-bk-10628

Judge

Karen Owens

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1.05 billion

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Related Sections

Case Information

Case Title

WOM S.A.

Case Number

1:24-bk-10628

Court

Delaware

Nature of Suit

Date Filed

April 01, 2024

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