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View Inc | SC 13D/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-RXR Realty LLC(4.99%),RXR Properties Holdings LLC(4.99%), etc.

View Inc | SC 13D/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-RXR Realty LLC(4.99%),RXR Properties Holdings LLC(4.99%), etc.

View Inc | SC 13D/A:超過5%持股股東披露文件(修正)-RXR Realty LLC(4.99%),RXR Properties Holdings LLC(4.99%)等
SEC announcement ·  04/05 19:37
牛牛AI助理已提取核心訊息
On April 2, 2024, View Inc., along with its affiliates, entered into a Restructuring Support Agreement with its lenders and holders of existing notes, including RXR Realty LLC and its affiliates, to implement a prepackaged restructuring plan. This plan, which is subject to Bankruptcy Court approval, will see the conversion of senior secured term loans and existing notes into equity interests of the reorganized company, and the cancellation of all existing equity interests, including Class A Common Stock and warrants. The agreement also includes provisions for a $17.5 million debtor-in-possession financing facility and a $32.5 million exit financing facility provided by existing lenders. The filing of voluntary chapter 11 cases in the Bankruptcy Court marked the commencement of the restructuring process. The agreement sets forth milestones and conditions, including court approvals, that must be met for the restructuring to proceed. The entry into the agreement triggered an event of default under the Credit Agreement, accelerating obligations of approximately $52.1 million, which are stayed due to the bankruptcy proceedings.
On April 2, 2024, View Inc., along with its affiliates, entered into a Restructuring Support Agreement with its lenders and holders of existing notes, including RXR Realty LLC and its affiliates, to implement a prepackaged restructuring plan. This plan, which is subject to Bankruptcy Court approval, will see the conversion of senior secured term loans and existing notes into equity interests of the reorganized company, and the cancellation of all existing equity interests, including Class A Common Stock and warrants. The agreement also includes provisions for a $17.5 million debtor-in-possession financing facility and a $32.5 million exit financing facility provided by existing lenders. The filing of voluntary chapter 11 cases in the Bankruptcy Court marked the commencement of the restructuring process. The agreement sets forth milestones and conditions, including court approvals, that must be met for the restructuring to proceed. The entry into the agreement triggered an event of default under the Credit Agreement, accelerating obligations of approximately $52.1 million, which are stayed due to the bankruptcy proceedings.
2024年4月2日,View Inc. 及其關聯公司與貸款人和現有票據持有人(包括RXR Realty LLC及其附屬公司)簽訂了重組支持協議,以實施預先包裝的重組計劃。該計劃尚待破產法院的批准,它將把優先有擔保定期貸款和現有票據轉換爲重組後的公司的股權,並取消所有現有的股權,包括A類普通股和認股權證。該協議還包括由債務人持股的1750萬美元融資機制和現有貸款機構提供的3,250萬美元退出融資機制的條款。自願向破產法院提起的第11章案件標誌着重組程序的開始。該協議規定了重組必須滿足的里程碑和條件,包括法院的批准。該協議的簽訂引發了信貸協議下的違約事件,加速了約5,210萬美元的債務,這些債務因破產程序而被擱置。
2024年4月2日,View Inc. 及其關聯公司與貸款人和現有票據持有人(包括RXR Realty LLC及其附屬公司)簽訂了重組支持協議,以實施預先包裝的重組計劃。該計劃尚待破產法院的批准,它將把優先有擔保定期貸款和現有票據轉換爲重組後的公司的股權,並取消所有現有的股權,包括A類普通股和認股權證。該協議還包括由債務人持股的1750萬美元融資機制和現有貸款機構提供的3,250萬美元退出融資機制的條款。自願向破產法院提起的第11章案件標誌着重組程序的開始。該協議規定了重組必須滿足的里程碑和條件,包括法院的批准。該協議的簽訂引發了信貸協議下的違約事件,加速了約5,210萬美元的債務,這些債務因破產程序而被擱置。

譯文內容由第三人軟體翻譯。


牛牛AI助手部分由第三方人工智慧模型基於資訊內容自動產生,只对除中国内地以外的地区提供。


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