BofA, PNC, BMO Arrange Exide Exit Financing

Exide Technologies said it has emerged from Chapter 11 as a newly reorganized company. Bank of America, PNC Capital Markets and BMO Capital Markets were said to have arranged $200 million in exit financing.

Exide Tech Files Plan of Reorganization

Exide Technologies announced that it has filed its plan of reorganization and disclosure statement in Delaware. The company’s goal is to emerge from Chapter 11 by March 2015.

Exide Receives Lender Approval to Extend DIP Maturity Date

Exide Technologies received all necessary approvals from its lenders, thereby extending its debtor-in-possession credit facility’s maturity date to March 31, 2015, subject to the terms and conditions thereof.

Exide Seeks Lender Approval to Extend DIP Financing

Exide is seeking approval from its lenders for an extension of its DIP credit facility’s maturity date to March 31, 2015.

JPMorgan Agents Exide DIP Amendment

Exide Technologies DIP lenders approved two amendments to the company’s debtor-in-possession financing facilities. According to the 8-K filing, JPMorgan Chase Bank is serving as DIP agent.

Exide Receives Proposal for Reorganization Plan

Exide Technologies announced it received a non-binding proposal for a plan of reorganization from the Unofficial Committee of Senior Secured Noteholders.

JPMorgan Agents Exide DIP Credit Agreement

Exide Technologies announced that it has received approval of an amendment to its debtor-in-possession credit agreement. JPMorgan acted as agent in the agreement.

Caruso, Mosley of Alvarez & Marsal to Lead Exide Technologies

Exide Technologies announced recent shifts in leadership. Upon president and CEO James R. Bolch’s resignation, Alvarez & Marsal’s Robert M. Caruso, Exide CRO, will succeed Bolch. A&M’s Ed Mosley was appointed Exide’s new CRO.

Exide Receives Final DIP Approval

Exide Technologies said it has received final bankruptcy court approval of its $500 million debtor-in-possession financing provided by JPM Chase and a group of lenders to whom the DIP financing was syndicated.

Exide Gets Interim Approval of JPMorgan DIP Facility

Exide Technologies announced it has received interim court approval of its $500 million DIP financing agreement with JPMorgan Chase.