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Reuters: Party City Set to Exit Bankruptcy with $1B Debt Reduction

September 08, 2023, 07:57 AM
Filed Under: Bankruptcy

Reuters reported that a U.S. bankruptcy judge on Wednesday approved Party City Holdco's Chapter 11 bankruptcy plan, which will cancel about $1 billion in company debt and turn all of its equity value over to the retailer's lenders.

Read the full Reuters report here.







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