Westinghouse files for Chapter 11 protection in US and secures $800M in DIP financing to fund operations
Green Car Congress
MARCH 29, 2017
Westinghouse has obtained $800 million in debtor-in-possession (DIP) financing from a third-party lender to help fund and protect its core businesses during its reorganization. The Chapter 11 filings took place in the US Bankruptcy Court for the Southern District of New York in New York City.
Let's personalize your content