Vertis Refinance Could Avoid Chapter 11
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
The refinancing will better position Vertis for long-term growth by giving it the financial flexibility to make additional investments and to continue aligning the business with evolving marketplace trends and clients’ needs.
Holders of Vertis’ senior pay-in-kind (PIK) notes due 2014 and senior secured second lien notes due 2012 are being offered the opportunity to exchange their existing debt for equity only, as compared to previous offers of cash, new senior secured notes and equity.
0 Comments
View Comments
Related Content
Comments