Bankruptcy Judge Approves More Than $563.89M In Financing For 'Penthouse'

Bankruptcy Judge Approves More Than $563.89M In Financing For 'Penthouse'

WILMINGTON, Del. - The federal bankruptcy judge presiding over the Chapter 11 case of PMGI Holdings Inc., the parent company for the adult entertainment empire carrying the name "Penthouse," on Oct. 11 approved more than $563.89 million in recapitalization funding to be provided by indenture trustee US Bank National Association (In Re: PMGI Holdings Inc., No. 13-12404, Chapter 11, D. Del Bkcy.).

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