E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/24/2016 in the Prospect News Distressed Debt Daily.

Haggen gets three-month exclusivity extension amid store sale process

By Caroline Salls

Pittsburgh, March 24 – Haggen Holdings, LLC obtained an extension of its exclusive periods for filing and soliciting votes on a Chapter 11 plan, according to an order filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

Specifically, Haggen’s exclusive filing period was extended through June 6 from March 7 and the solicitation period through Aug. 4 from May 6.

In light of the ongoing marketing and sale process for its core stores, the company said it needs more time to prepare a viable plan and related disclosure statement.

Haggen, a Bellingham, Wash.-based supermarket company, filed bankruptcy on Sept. 8, 2015. The Chapter 11 case number is 15-11874.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.