October 17, 2023
A Texas bankruptcy judge on Tuesday approved $50 million in debtor-in-possession financing for business print and digital communications provider OSG Group Inc. that the company will use to fund operations during a Chapter 11 process that aims to cut its debt load by $550 million.
October 16, 2023
Business print and digital communications provider OSG Group has filed for Chapter 11 protection in a Texas court, saying it has an agreement with lenders on a plan to divest itself of its U.K. business and cut its debt by $550 million with refinancing and equity swaps.