First Brands Prepares for Chapter 11 Filing as Soon as Next Week

First Brands Prepares for Chapter 11 Filing as Soon as Next Week



First Brands Prepares for Chapter 11 Filing as Soon as Next Week
Troubled auto-part supplier First Brands Group is preparing to file for bankruptcy as soon as next week and is looking to secure a loan of at least $1 billion to keep the business running while it reorganizes, according to people familiar with the negotiations.


www.bloomberg.com
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