Winn-Dixie Picks Up $725M Exit Loan
Judge Jerry Funk of the U.S. Bankruptcy Court for the Middle District of Florida approved the financing, authorizing Winn-Dixie to enter into an agreement with Wachovia Bank.
The supermarket chain will use the financing mainly to pay off its debtor-in-possession loan and to provide working capital.
“It appear[s] to the court that the relief...
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