(Reuters) - Under the proposed agreement, about $282 million of claims
of second priority secured debtholders would be replaced by a
secured claim for $60 million that will be paid in cash and an
unsecured claim for $40 million.
The agreement will go before the U.S. Bankruptcy Court for
the Southern District of New York on Aug. 8.
Read more at Reuters.com Bonds News
of second priority secured debtholders would be replaced by a
secured claim for $60 million that will be paid in cash and an
unsecured claim for $40 million.
The agreement will go before the U.S. Bankruptcy Court for
the Southern District of New York on Aug. 8.
Read more at Reuters.com Bonds News
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