99 Cents Beats Creditor Objection To Get OK On $61M DIP

By Alex Wittenberg (May 8, 2024, 7:08 PM EDT) -- A Delaware bankruptcy judge on Wednesday approved discount store 99 Cents Only's full $60.8 million Chapter 11 financing deal after rejecting a group of noteholders' objection to the relief, finding an intercreditor agreement barred the group from blocking debtor-in-possession funding....

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