S&P Downgrades Fairway Group (FWM) to 'D' Amid Chapter 11 Filing
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Fairway Group Holdings Corp. Reaches Agreement With Senior Secured Lenders on Deleveraging Transaction
May 2, 2016 10:34 PM EDTCompany Initiates Prepackaged Chapter 11 Reorganization to Implement Restructuring
Store Operations Expected to Continue with No Impact on Customers, Suppliers or Employees
All Creditors Other than Senior Secured Lenders Will be Paid in Full
Secured Commitment from Current Lenders for $55 Million in Debtor-in-Possession Financing and Exit Financing
NEW YORK, May 02, 2016 (GLOBE NEWSWIRE) -- Fairway Group Holdings Corp. (NASDAQ: FWM), the parent company of Fairway Market, the iconic New... More
