Libbey Lenders to Provide $150MM Exit Financing in Amended Plan of Reorganization
Libbey received a term sheet from seven of its lenders to provide $150 million in exit financing. Libbey also expects to replace its $100 million DIP revolving credit facility with a new exit facility with approximately $20 million initially drawn.
August 17, 2020
debtor-in-possession | DIP | exit financing | Libbey | Mike Bauer
Phil Neuffer