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AMTROL Inc. Receives Court Approvals to Maintain Normal Operations During Reorganization.

Publication: Business Wire
Publication Date: 02-JAN-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
All First-Day Motions Approved

$115 Million Debtor-In-Possession Financing With Barclays Capital Completed

Company Pursuing Previously Announced Financial Restructuring

Holders of More than Two-Thirds of the Company's Senior Subordinated Notes Have Agreed in Principle to Convert Notes to Equity

WEST WARWICK, R.I. -- AMTROL Inc. today reported that Judge Kevin Gross of the United States Bankruptcy Court for the District of Delaware approved all of the...

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