J.L. French Secures $130M For Restructuring
As part of the plan, J.L. French will repay $295 million in first lien debt and convert $170 million in second lien debt into equity.
This restructuring will allow the company to reduce its debt levels by $300 million and to remove $200 million in preferred securities from its books.
J.L. French has...
To view the full article, register now.