First Brands Can Tap $1B DIP As It Seeks Stability In Ch. 11
By Clara Geoghegan · October 1, 2025, 6:51 PM EDT
A Texas bankruptcy judge Wednesday gave interim approval to car parts maker First Brands' $1.1 billion debtor-in-possession loan, freeing up $500 million in funds, after a stalled refinancing and limited liquidity...
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