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Deluxe Entertainment Gets Court Approval to Complete Refinancing

Oct. 24, 2019, 2:53 PM

Deluxe Entertainment Services has received court approval for its pre-packaged Chapter 11 plan of reorganization and plans to complete restructuring transactions and emerge from bankruptcy.

  • To cut debt by over half and have access to $115m of new financing to support ongoing operations and investments
  • PJT Partners is financial adviser to company; AlixPartners is restructuring adviser
  • FTI Consulting is financial adviser to majority group of senior lenders

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To contact the reporter on this story:
Kimberly Yuen in New York at kyuen3@bloomberg.net

To contact the editor responsible for this story:
Chakradhar Adusumilli ...