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  • Reported Earlier, Enviva Takes Decisive Action To Secure Future With $1B Debt Cut And $500M In New Financing Amid Voluntary Chapter 11

Reported Earlier, Enviva Takes Decisive Action To Secure Future With $1B Debt Cut And $500M In New Financing Amid Voluntary Chapter 11

Benzinga ·  Mar 13 13:59

-- Restructuring Plan Expected to Reduce Debt by Approximately $1.0 Billion, Improve Profitability, and Better Position the Business for Long-Term Success --

-- Company Commences Voluntary Chapter 11 Proceedings to Implement Pre-Arranged Restructuring Plan --

-- Company Secures Commitment for $500 Million in Debtor-in-Possession Financing --

-- Enviva Continues Operations while Advancing its Transformation Plan -

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