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JP Morgan is providing Catalyst Paper with up to $175 million in debtor-in possession (DIP) financing to help fund its operations during its period of credit protection, under the Companies’ Creditors Arrangement Act (CCAA). Advances under the DIP will be available after approval by the Court, which the company expects to obtain on February 3, [...]
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Catalyst Paper to receive $175 million in DIP financing from JP Morgan
Wed 01 Feb 2012 09:00:03 AM ESTJP Morgan is providing Catalyst Paper with up to $175 million in debtor-in possession (DIP) financing to help fund its operations during its period of credit protection, under the Companies’ Creditors Arrangement Act (CCAA). Advances under the DIP will be available after approval by the Court, which the company expects to obtain on February 3, [...]
Catalyst Paper to receive $175 million in DIP financing from JP Morgan is a post from: ForestTalk.com
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