Kodak (EKDKQ), Creditors Reach New $793M Loan Deal
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Supermicro probe finds no senior management link to export violations
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
Kodak (EKDKQ) Enters $793M Junior DIP Financing Arrangement
November 12, 2012 5:30 PM ESTEastman Kodak Company (OTCBB: EKDKQ) has entered into a commitment letter to secure $793 million in Junior Debtor-in-Possession Financing with Centerbridge Partners, L.P., GSO Capital Partners LP, UBS and JPMorgan Chase & Co. to provide the company with additional case financing and establishes the ability to convert a substantial part of the facility into exit financing, enhancing its liquidity and securing a major component of the companys exit capital structure. This financing is a key element in the steps to enable the company to successfully execute its remaining reorganization objectives and emerge from Chapter 11... More
Kodak (EKDKQ) Creditors Oppose Bankruptcy Plan Extension, Have 'Lost Faith' in Management
November 12, 2012 10:17 AM ESTEastman Kodak Company (OTCBB: EKDKQ) creditors say they have lost faith in management and the company hasn't made progress in reorganization. The creditors have opposed extension for filing a bankruptcy plan, according to Bloomberg headlines.
Shares are down 1 percent Monday.... More
