Jason Industries (JASN) Files Chapter 11

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Go back to Jason Industries (JASN) Files Chapter 11

Jason Industries Commences Solicitation of Prepackaged Plan of Reorganization and Files Chapter 11

June 24, 2020 4:05 PM EDT

Business Continues Delivering Leading Solutions and Service to Customers Without Interruption

MILWAUKEE--(BUSINESS WIRE)-- Jason Industries, Inc. (OTCQX: JASN) (Jason or the Company) today announced that it is taking two important steps in its previously announced comprehensive restructuring plan that, once completed, will deleverage the Companys balance sheet by $250 million. The Company expects its day-to-day operations to continue without interruption and without disruption to its employees, customers, suppliers and vendors.

Jason previously entered into a restructuring support agreement (the... More