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Frontera Holdings Enters into Restructuring Support Agreement for Pre-Arranged Plan of Reorganization to Reduce Debt by Approximately $800 Million and Strengthen Balance Sheet

Share this article Share this article MISSION, Texas, Feb. 3, 2021 /PRNewswire/ -- Frontera Holdings LLC (Frontera or the Company) announced today that it has entered into a Restructuring Support Agreement (RSA) with approximately 97 percent of its term loan lenders, 100 percent of its noteholders, and its 100 percent equity holder, through which most of the Companys debt will be converted into equity and the current term loan and revolving credit facility lenders will become the new owners of ...
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