Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers V > Headlines for Volunteer Energy Services Inc. > News item |
Volunteer Energy Services gets extension of $7 million DIP facility
By Sarah Lizee
Olympia, Wash., Dec. 7 – Volunteer Energy Services Inc.’s $7 million debtor-in-possession facility with PNC Bank, NA was extended through Feb. 18 from Dec. 1, according to a notice filed Wednesday with the U.S. Bankruptcy Court for the Southern District of Ohio.
Interest is a base rate plus 500 basis points, as previously reported.
The Pickerington, Ohio-based retail energy provider filed Chapter 11 bankruptcy on March 25, 2022 under case number 22-50804.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.