Preview - Please log in to view full article.

Article Date: September 2001
Word Count: 128

AMF BOWLING RE-ORGANIZATION PLAN IS FILED.


Eight weeks after filing for Chapter 11 in U.S.Bankruptcy Court for the Eastern District of VA, the unit of AMF Bowling submitsa plan that, if approved, will pay approximately $620 million in claims tosenior secured lenders. As outlined, the payments would be a combination ofequity, subordinated notes and either senior notes or cash in lieu of notes.Unsecured creditors will receive warrants to acquire a ... Log in to view full article.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.