Oreck Files for Bankruptcy, Seeks DIP to Payoff Wells Fargo
Vacuum cleaner manufacturer Oreck has filed for bankruptcy and is seeking court approval for DIP financing to support a potential sale. A portion of the DIP will be used to purchase pre-petition first lien lender debt held by a group led by Wells Fargo.
May 13, 2013
Black Diamond Capital Management. | Chapter 11 bankruptcy protection | Oreck | Wells Fargo Oreck
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