AbitibiBowater Can Obtain Another $100M In DIP Cash
The order, which was approved by a judge in Quebec Superior Court on Wednesday, will allow AbitibiBowater to enter a loan agreement with Canada's Bank of Montreal, the company announced.
Investissement Quebec, the province's investment agency, will guarantee the $100 million loan, according to AbitibiBowater.
The DIP funding provides additional short-term liquidity...
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