LL Flooring files for Chapter 11 bankruptcy

Ll Flooring Holdings

12/08/2024 03:36

Aug 11 (Reuters) - Specialty flooring retailer LL
Flooring  LL.N  on Sunday said that it had commenced Chapter 11
bankruptcy proceedings in a Delaware district court after
securing $130 million in debtor-in-possession financing from an
existing bank group led by Bank of America  BAC.N .
    The company listed estimated assets in the range of $500
million to $1 billion and liabilities in the range of $100
million to $500 million, according to a court filing.

 (Reporting by Kanjyik Ghosh; Editing by Sonia Cheema)
 ((Kanjyik.Ghosh@thomsonreuters.com;))