Thursday, April 12, 2012

Reuters: Regulatory News: Reddy Ice says to file for bankruptcy protection

Reuters: Regulatory News
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Reddy Ice says to file for bankruptcy protection
Apr 12th 2012, 10:14

April 12 | Thu Apr 12, 2012 6:14am EDT

April 12 (Reuters) - Reddy Ice Holdings said it intends to file for Chapter 11 bankruptcy protection to restructure its balance sheet and has the support of its majority lender and creditors.

The company said it plans to file for Chapter 11 protection in a bankruptcy court in the Northern District of Texas and has secured commitments from Macquarie Bank Ltd for $70 million in debtor-in-possession financing.

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