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Debt Financing / Related, Restructuring / Reorganization, Bankruptcy / Related

Sequential Brands Group Commences Voluntary Chapter 11 Proceedings

Published: 08/31/2021 13:38 GMT
(SQBG) - Sequential Brands Group Commences Voluntary Chapter 11 Proceedings.
Sequential Brands Group Inc - Receives a Commitment for $150 Million in Debtor-in-possession Financing.
Sequential Brands Group Inc - Commenced Voluntary Chapter 11 Proceedings in U.S. Bankruptcy Court for District of Delaware.
Sequential Brands Group Inc - Will Pursue Sale of All Or Substantially All of Its Assets Under Section 363 of U.S. Bankruptcy Code.