Brief: Starry Files Voluntary Chapter 11 Petitions To Reorganize, Backed By Restructuring Support Agreement With Lenders

Starry group

21/02/2023 13:56

Feb 21 (Reuters) - Starry Group Holdings Inc  STRY.PK :
    * STARRY FILES VOLUNTARY CHAPTER 11 PETITIONS TO REORGANIZE,
BACKED BY RESTRUCTURING SUPPORT AGREEMENT WITH LENDERS
    * STARRY GROUP HOLDINGS INC - STARRY'S CUSTOMER OPERATIONS
IN ITS
FIVE CORE MARKETS CONTINUES UNINTERRUPTED THROUGH RESTRUCTURING
PROCESS.
    * STARRY GROUP - FILED MOTION FOR APPROVAL OF $43 MILLION
DEBTOR-IN-POSSESSION FINANCING FACILITY
    * STARRY GROUP HOLDINGS INC -  FILED MOTION FOR APPROVAL OF
A $43
MILLION DEBTOR-IN-POSSESSION ("DIP") FINANCING FACILITY
    * STARRY GROUP HOLDINGS INC - ANTICIPATES CLOSING ON A
DEBT-FOR-EQUITY RESTRUCTURING WITH LENDERS BUT WILL FIRST
CONDUCT A MARKETING AND AUCTION PROCESS

Source text for Eikon:  ID:nBw6Mxm7la 
Further company coverage:  STRY.PK 
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