Nov 01
Blog Post: Plastics Co. M&G Gets Nod To Tap $34M Of $100M DIP Loan
by Anonymous
A Delaware bankruptcy judge gave M&G USA Corp. the nod Wednesday to tap $34 million of its $100 million post-petition financing, kicking off what the global plastics resin supplier hopes will be a Chapter 11 case that culminates in a sale process to deal with $1.7 billion in debt.
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