MiddleGround Subsidiary to Purchase Shiloh Industries Assets in Chapter 11 Reorganization
Grouper Holdings, a subsidiary of MiddleGround Capital, entered into a stalking horse stock and asset purchase agreement with Shiloh Industries to acquire substantially all of the company’s assets. Shiloh’s lenders committed to provide a $123.5 million DIP facility.
August 31, 2020
Chapter 11 | DIP Facility | Grouper Holdings | MiddleGround Capital | Shiloh Industries | U.S. Bankruptcy Court for the District of Delaware
Phil Neuffer