Bankrupt Rotech Lines Up $358M In Exit Financing

Law360, Wilmington (July 22, 2013, 8:50 PM EDT) -- Rotech Healthcare Inc. asked a Delaware bankruptcy judge Friday to sign off on commitment letters for $357.5 million in exit financing, funds the medical equipment provider said are crucial to its speedy emergence from Chapter 11.

Rotech said it wants the court to move quickly on the exit financing, which will cover the costs of implementing its proposed Chapter 11 plan and provide working capital for the reorganized company going forward, according to the motion.

“The debtors respectfully submit that the exit financing commitment documents contain...
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Case Information

Case Title

Rotech Healthcare Inc.


Case Number

1:13-bk-10741

Court

Delaware

Nature of Suit

Date Filed

April 8, 2013

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UK Financial Services

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