Home › Revel Files Prepackaged Chapter 11 Cases, Plans to Reduce Debt by More Than $1.2B
 

Keywords :   


Revel Files Prepackaged Chapter 11 Cases, Plans to Reduce Debt by More Than $1.2B

2013-03-27 01:54:00| National Real Estate Investor

Revel AC Inc. has filed its voluntary prepackaged Chapter 11 cases in the U.S. Bankruptcy Court for the District of New Jersey to facilitate its previously announced financial restructuring. Under the reorganization, Revel will reduce its debt from approximately $1.52 billion to $272 million through a debt-for-equity conversion. read more

Tags: than files plans cases

Category:Real Estate

Latest from this category

All news
»
06.11Eastern North Pacific Tropical Weather Outlook
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Forecast Discussion Number 9
05.11Tropical Storm Rafael Wind Speed Probabilities Number 9
05.11Tropical Storm Rafael Public Advisory Number 9
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Tropical Storm Rafael Forecast Advisory Number 9
05.11Delayed implementation of EID eartag rule requested
More »