Oct 03

Blog Post: Appvion Gets OK To Tap $65M Of Its Ch. 11 DIP Loan
by Anonymous
Specialty papermaker Appvion Inc. got Delaware bankruptcy court permission Tuesday to tap $65 million of its post-petition financing from first-lien lenders, kicking off a Chapter 11 case in which the company hopes to restructure more than $700 million in debt and reorganize as a going concern.
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