EveryWare Global announced it has successfully completed its financial restructuring and has emerged from Chapter 11. The company exits the restructuring process with a significantly reduced debt load and strengthened balance sheet.

"Thanks to tremendous support from our customers, employees, suppliers and business partners, we have completed a significant balance sheet restructuring," said Sam Solomon, President and Chief Executive Officer of EveryWare Global. "We exit the bankruptcy process completely focused on creating value for our customers and partners," continued Solomon.

The company's exit financing includes a $70 million asset-based revolving credit facility and a $40 million term loan provided by a group of EveryWare's post-petition lenders.

"Our lenders' willingness to support the company is a crucial component of our successful emergence, as well as a reflection of their confidence in our long-term prospects," said Solomon.

EveryWare is a leading global marketer of tabletop and food preparation products for the consumer and foodservice markets, with operations in the United States, Canada, Mexico and Asia. Its global platform allows it to market and distribute internationally its total portfolio of products, including bakeware, beverageware, serveware, storageware, flatware, dinnerware, crystal, buffetware and hollowware; premium spirit bottles; cookware; gadgets; candle and floral glass containers; and other kitchen products, all under a broad collection of widely-recognized brands.