Daily News: March 11, 2013

Judge Approves Kodak’s Amended Financing Pact


Fox Business News reported that a judge approved changes to Eastman Kodak’s bankruptcy financing that gives the company more flexibility of time and money as it continues its pursuit of a Chapter 11 exit plan that would keep it viable.

Fox said the financing, from a group of the company’s second-lien lenders including Silver Point Capital and Contrarian Capital Management, is an amendment to Kodak’s $843.7 million loan approved by the bankruptcy court judge in January.

To read the entire Fox Business story, click here.

Previously on abfjournal.com:

Kodak, Lenders Finalize Terms of Interim, Exit Financing, Friday, March 01, 2013