* Says refinancing and new capital to total $3 billion
* Says company has $800 million in cash and cash equivalents
* Says operations expected to continue as usual
* Says intends to implement its financial restructuring through a chapter 11 filing
* Says agreement-in-principle with an ad hoc committee of certain debt holders on terms to reduce debt by about $8 billion
* Says chapter 11 filing to be initiated on or before April 1, 2009
* Says preliminary Q4 results reflect pro forma revenue growth of about 7 percent, pro-forma adjusted EBITDA growth of more than 10 percent
Bookmark this post with:
0 comments:
Post a Comment