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Prospect News home > News index > List of issuers I > Headlines for Internap Holding LLC > News item
Published on 5/3/2023 in the Prospect News Distressed Debt Daily.

Internap receives interim approval to access cash collateral

By Sarah Lizee

Olympia, Wash., May 3 – Internap Holding LLC received interim approval to access cash collateral, according to an order filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

Administrative agent Wilmington Trust NA and the company’s second-out term loan lenders have an interest in the collateral.

A final hearing is scheduled for June 6.

INAP is an Atlanta-based provider of IT Infrastructure solutions. The company filed its second Chapter 11 bankruptcy under case number 23-10529.


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