Uno Ch. 11 Plan Gives 100% Equity To Senior Lenders
Uno's senior secured noteholders will convert their debt for equity, the parent company of the pizza chain said in a disclosure statement filed Monday in the U.S. Bankruptcy Court for the Southern District of New York.
General unsecured creditors, however, will receive nothing from Uno under the proposed plan.
In a settlement that resolved a fight over debtor-in-possession financing, among other...
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