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BRIEF-Appvion, certain subsidiaries file voluntary petitions for relief under chapter 11
October 2, 2017 / 3:45 AM / 3 months ago

BRIEF-Appvion, certain subsidiaries file voluntary petitions for relief under chapter 11

Oct 1 (Reuters) - Appvion Inc

* Appvion initiates process to restructure debt and position business for long-term success

* Company expects to continue operations as usual, has obtained commitment for $85 million in new dip financing from group of first lien lenders

* Co, certain subsidiaries filed voluntary petitions for relief under chapter 11 of u.s. Bankruptcy code in us bankruptcy court for district of Delaware Source text for Eikon: Further company coverage:

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