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DURA Automotive Systems Secures $84 Million in Financing From Bardin Hill Investment Partners; DURA to Continue to Pursue Expedited Restructuring and Going-Concern Sale Process; Sale Process Expected to Have No Effect on DURA Customers, Suppliers, or Empl

Nov 19, 2019 - Business Wire
Mergers and Acquisitions

DURA Automotive Systems, LLC ("DURA" or the "Company"), a leading global automotive supplier specializing in the design, engineering, and manufacturing of automotive mobility products, including parts and systems to support the industry's shift to electric vehicles, announced today that the U.S. Bankruptcy Court for the District of Delaware has granted funds managed by Bardin Hill Investment Partners LP and its affiliates ("Bardin Hill") approval to provide a $84 million debtor-in-possession fin...