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Lee Enterprises, the parent company of the Missoulian and four other Montana daily newspapers, announced a comprehensive refinancing of its ... interests in the company with only 13 percent dilution." The prepackaged Chapter 11 filing will "bind the ...

Missoulian's parent company announces comprehensive refinancing of debt

“Nobody will be harmed in any way except for the 13 percent dilution rate of [the ... who “held out” and didn’t agree with the refinancing, the company had to go this route, he said. Unlike most Chapter 11 bankruptcies, Lee Enterprises plans ...

Casper papers owned by Lee Enterprises not impacted

Pulitzer Notes agreement enables implementation of debt restructuring through voluntary prepackaged Chapter ... current credit facility to allow unscheduled principal payments on the Pulitzer Notes and to facilitate other aspects of the refinancing.

Lee Enterprises prepares to complete refinancing

A copy of the News Release is attached hereto as Exhibit 99.1 to this Current Report ... an amount equal to 13% of outstanding shares on a pro forma basis as of the closing date. Under the Lee Support Agreement, Lee was required to refinance the remaining ...

Entry into a Material Definitive Agreement, Regulation FD Disclosure, Other

Lee Enterprises, owner of the St. Louis Post-Dispatch, announced Friday that it will file a "prepackaged" bankruptcy in an effort to refinance ... have turned to Chapter 11 bankruptcy organization, including the Tribune Co., which had $13 billion in ...

Lee plans prepackaged bankruptcy to refinance debt

The agreement includes a voluntary prepackaged Chapter ... of our current stockholders and all other parties," Junck said. "In our case, the process will simply provide a favorable legal framework for implementing the pre-negotiated refinancing ...

Lee Enterprises to complete debt plan

According to Joshua Stendera, Vice President/Manager of Cashmere Valley Bank Mortgage, Cashmere Valley Bank has filed suit in a limited number of cases after trying other options to get the loan current ... In  a Chapter 13 bankruptcy ...

Foreclosure: A look at the facts

First, underwater homeowners who meet basic eligibility criteria should be given the opportunity to refinance mortgages during this ... in interest rates for certain homeowners who file for Chapter 13 bankruptcy, so the entirety of their monthly payments ...

Rebuilding the nation’s housing markets

it differs significantly from most such filings because it preserves interests of our current stockholders and all other parties. In our case, the process will simply provide a favorable legal framework for implementing the prenegotiated refinancing on an ...

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