Thursday, November 29, 2012

Kodak Accepts Improved Credit Facility

Kodak Accepts Improved, $830-Million Credit Facility: Eastman Kodak has received and accepted an offer from the Steering Committee of the Second Lien Noteholders Committee for interim and exit financing totaling $830 million in loans. The commitment is superior to, and therefore replaces, the $793 million commitment announced by the company on Nov. 12.