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Debt Financing / Related, Restructuring / Reorganization, Earnings Announcements

Covia Successfully Completes Financial Restructuring And Emerges From Chapter 11

Published: 12/31/2020 18:30 GMT
(CVIAQ) - Covia Successfully Completes Financial Restructuring and Emerges From Chapter 11.
Covia Holdings Corp - Reduced Obligations by Over $1 Billion.
Covia Holdings Corp - Emerges From Chapter 11 With About $175 Million of Total Liquidity.
Covia Holdings Corp - Reduced Its Long-term Debt by Approximately $750 Million.
Covia Holdings Corp - Capital Structure Consists of $806 Million Term Loan B Maturing in July 2026.