Industry | 2009.10.01
Panolam Announces Agreement Regarding Restructuring
SHELTON, Conn.--(BUSINESS WIRE)--Panolam Industries International, Inc. (the “Company”) today announced that it has entered into a consensual Restructuring Support Agreement with affiliates of Apollo Capital Management and Eaton Vance Management, which together hold a supermajority of the principal amount of the Company’s senior subordinated notes, holders of a supermajority of the principal amount of the Company’s senior debt, and Credit Suisse, the agent for such senior
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