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Plastics Co. M&G USA Opens $1.7B Ch. 11, Seeks $100M DIP

By Jeff Montgomery (October 31, 2017, 6:42 PM EDT) -- Global plastics resin supplier M&G USA Corp. on Tuesday disclosed the full scope of an earlier-launched Delaware Chapter 11, reporting $1.7 billion in debt owed by a dozen companies and seeking a $100 million debtor-in-possession loan in part to finance a sale of most assets....

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