BOISE ID , July 2, 2009 (Press Release) - Building Materials Holding Corporation today announced that it has received final approval from the U.S. Bankruptcy Court in Delaware to access its new $80 million debtor-in-possession (DIP) financing facility from Wells Fargo Bank and certain of its other existing lenders. BMHC expects the new financing to provide ample liquidity to meet its ongoing obligations to employees, customers, suppliers and subcontractors as it implements a pre-negotiated restructuring of its balance sheet.
Wood News Service subscribers - click here to read the full article.
Not a subscriber?
