Monday, March 4, 2013

Kodak and Lenders Finalize Terms

Kodak and Lenders Finalize Terms of Interim and Exit Financing: Kodak today announced that it has reached an agreement with the Steering Committee of the Second Lien Noteholders to amend the terms for the previously-announced interim and exit financing package. The amendments provide Kodak with additional flexibility to successfully execute its reorganization objectives and emerge from Chapter 11 in mid-2013.