US: Bankruptcy court OKs Mervyns’ $465m financing
The US Bankruptcy Court has approved Mervyns’ $465m debtor-in-possession credit deal with Wachovia Capital Finance Corp in a move that paves the way for it to keep paying its staff and vendors.
The US Bankruptcy Court has approved Mervyns’ $465m debtor-in-possession credit deal with Wachovia Capital Finance Corp in a move that paves the way for it to keep paying its staff and vendors.