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October 18, 2022
/PRNewswire/ -- Pathlight Capital LP ("Pathlight") announced it is serving as the Administrative Agent on a $148.2 million senior secured term loan credit...
October 6, 2022
/PRNewswire/ -- Pathlight Capital LP ("Pathlight") announced it is serving as the Documentation Agent on a $400 million senior secured delayed-draw term loan...
September 17, 2022
The company said in court documents this week it intends to sell equipment from its Freedom Road tech center in East Lampeter Township.
August 28, 2022
It’s not likely they will see all of that money, if any.
August 18, 2022
Saks.com has upsized its existing asset-based revolving credit facility arranged by Bank of America increasing borrowing capacity from $350 million to $450 million. Concurrently, Saks upsized its senior secured term loan facility, of which Pathlight Capital serves as the administrative agent, increasing borrowings from $115 million to $175 million....
July 14, 2022
The bid, auction and sale process was held privately under bankruptcy court rules, but recent documents filed in the case provide insight into how the deal was made.
July 14, 2022
As a virtual Delaware bankruptcy court sale hearing of Armstrong Flooring Inc. neared its conclusion, Judge Mary Walrath asked the audience of 160 some screens if anyone wished to be
July 13, 2022
The Lancaster County Chamber of Commerce said Wednesday that the two job fairs it is planning with Armstrong Flooring for displaced workers will feature businesses offering jobs in customer service,
July 8, 2022
Bankrupt Armstrong Flooring Inc. is finalizing a sales agreement that would preserve a “substantial portion” of its North American operations, the company told LNP | LancasterOnline in an email Friday
July 7, 2022
Workers leaving Armstrong Flooring’s Lancaster city warehouse Thursday said they were frustrated and confused after the bankruptcy sale of the company was postponed for a second time.