Law360, New York (April 29, 2009) -- Magazine distribution giant Source Interlink Cos. Inc. has requested permission to borrow up to $385 million in post-petition financing as part of the company’s plan to shed about $1 billion in debt through a prepackaged Chapter 11 bankruptcy.
The company filed a motion Tuesday in the U.S. Bankruptcy Court for the District of Delaware requesting approval of the debtor-in-possession financing package, as well as a proposed plan for...
