National Envelope Proposes Plan For $67.5 Million In DIP Financing

National Envelope Proposes Plan For $67.5 Million In DIP Financing

WILMINGTON, Del. - Bankrupt NE Opco Inc., formerly National Envelope Inc., on July 12 moved in the U.S. Bankruptcy Court for the District of Delaware for approval of an agreement with creditors and lenders that would pave the way for $67.5 million in post-petition financing, also called debtor-in-possession (DIP) financing (In Re: NE Opco Inc., No. 13-11483, Chapter 11, D. Del. Bkcy.).

Find full version on lexis Advance®
Access this news story on lexis.com®