Pretium Packaging Says Initiates Comprehensive Capital Structure Optimization Transaction To Support Continued Growth
ReutersJan 29, 2026 2:03 AM
Jan 28 (Reuters) -
PRETIUM PACKAGING INITIATES COMPREHENSIVE CAPITAL STRUCTURE OPTIMIZATION TRANSACTION TO SUPPORT CONTINUED GROWTH
PRETIUM- TRANSACTION IS EXPECTED TO REDUCE FUNDED DEBT BY MORE THAN $900 MILLION AND PROVIDE OVER $175 MILLION OF LIQUIDITY
PRETIUM: HAS FILED PRE-PACKAGED CHAPTER 11 PETITIONS IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF NEW JERSEY
PRETIUM- SECURING A $50 MILLION NEW EQUITY INVESTMENT FROM CLEARLAKE AND MORE THAN $530 MILLION OF NEW NEAR-TERM DEBT COMMITMENTS FROM EXISTING LENDERS
PRETIUM: WILL CONTINUE TO OPERATE IN ORDINARY COURSE OF BUSINESS
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