Revel AC Casino Files For Chapter 11 Bankruptcy, With $250M In Financing Lined Up

Revel AC Casino Files For Chapter 11 Bankruptcy, With $250M In Financing Lined Up

TRENTON, N.J. - Bankrupt casino Revel AC Inc. on March 26 filed a disclosure statement for its joint plan of reorganization a day after it filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of New Jersey in which it says it has lined up $250 million in post-petition financing, also called debtor-in-possession (DIP) financing (In Re: Revel AC Inc., No. 13-16253, Chapter 11, D. N.J. Bkcy.).

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