Transtar Gets Interim OK To Draw $30M In DIP Financing
By Vince Sullivan ( November 22, 2016, 7:57 PM EST) -- Automotive parts supplier Transtar and several related entities received interim approval Tuesday in New York for a $30 million draw on a debtor-in-possession loan to help fund the company's Chapter 11 plan of reorganization, which calls for a balance sheet restructuring to eliminate $290 million of its $680 million in secured debt....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.