TPI Composites, Inc. Initiates Voluntary Chapter 11 Proceedings to Facilitate Restructuring to Position Company for Long-Term Success
Reaches Agreement with Senior Secured Lenders for Use of Cash Collateral and Up to $82.5 Million in Debtor-in-Possession Financing, Subject to Final Documentation and Court Approval
What regulatory or legal hurdles could delay the restructuring and how might they affect the timeline and outcomes?
What are the possible scenarios for a sale or merger of TPI’s assets during or after the Chapter 11 process?
How does the company’s current valuation compare to its peers that have successfully emerged from Chapter 11?
17 days ago