Airspan Networks Gets OK For $53M In Ch. 11 Financing

By Rick Archer · April 2, 2024, 3:43 PM EDT

A Delaware bankruptcy court judge on Tuesday approved $53 million in Chapter 11 financing for Airspan Networks, including the rollup of $37 million in loans the wireless hardware maker says kept...

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Bankruptcy Scorecard

Summary

5G hardware and software maker Airspan Networks filed for Chapter 11 protection April 1 in a Delaware bankruptcy court with plans to trade its more than $205 million in funded debt for equity .

Case Number

1:24-bk-10621

Judge

Brendan L. Shannon

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

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Related Sections

Case Information

Case Title

Airspan Networks Holdings Inc.

Case Number

1:24-bk-10621

Court

Delaware

Nature of Suit

Date Filed

March 31, 2024

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