Provides Interim Access Up to $725 million in Debtor-In-Possession Financing
Stores Open and E-Commerce and Mobile Platforms are Operating in Normal Course to Continue to Provide Exceptional Shopping Experiences for Customers
MILWAUKEE, Feb. 06, 2018 (GLOBE NEWSWIRE) — The Bon-Ton Stores, Inc. (OTCQX:BONT) (the Company), today announced that the U.S. Bankruptcy Court for the District of Delaware approved all of the Companys first day motions related to its voluntary petitions for a Chapter 11 financial restructuring. Collectively, the approvals at a hearing on February 6 will support the Bon-Ton business and enable the Company to meet its financial obligations throughout the financial restructuring process.
Bill Tracy, …
Read the full article at: https://globenewswire.com/news-release/2018/02/06/1334017/0/en/The-Bon-Ton-Stores-Inc-Receives-Court-Approval-of-First-Day-Motions-to-Support-Business-Operations.html