Eastman Kodak Company (the “Company”) (OTB: EKDKQ.PK) today said that it has posted on its Company website and its reorganization information website slides from a Public Lender Presentation (the “Lender Presentation”) in connection with the syndication to potential lenders of its previously-announced Debtor-In-Possession Credit Agreement dated as of January 20, 2012. The slides can be found in the Investor Relations section of www.kodak.com, as well as www.kodaktransforms.com. The slides will also be filed with the Securities and Exchange Commission as an Exhibit to a Form 8-K.
Eastman Kodak Company (“Kodak” or the “Company”) today announced that Judge Allan L. Gropper of the U.S. Bankruptcy Court for the Southern District of New York has approved initial availability of $650 million in interim Debtor-in-Possession (DIP) financing by Citigroup. Kodak will use these funds, among other things, to pay vendors and other suppliers for all post-petition goods and services, and to operate its day-to-day business activities. The Judge set February 15, 2012 as the date of a hearing to issue the final order regarding first day motions.
Eastman Kodak Company (“Kodak” or the “Company”) announced today that it and its U.S. subsidiaries filed voluntary petitions for chapter 11 business reorganization in the U.S. Bankruptcy Court for the Southern District of New York.