Neff's Ch. 11 Filing Calls For Eliminating $400M In Debt
Neff Rental and five affiliates filed a bankruptcy petition Sunday in the U.S. Bankruptcy Court for the Southern District of New York, and lodged a disclosure statement and reorganization plan the following day.
Having obtained full commitments from its existing revolving lenders to provide a $175 million debtor-in-possession facility, the company said it expected to complete its...
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