Legacy Cares extends maturity date under DIP credit agreement

By Sarah Lizee

Olympia, Wash., Sept. 26 – Legacy Cares, Inc. received an extension of the maturity date of its $9 million debtor-in-possession facility with UMB Bank, NA, according to a notice filed Tuesday with the U.S. Bankruptcy Court for the District of Arizona.

The maturity date was extended to Oct. 31 from Sept. 30.

Legacy Cares is a non-profit corporation that owns Legacy Park, formerly known as Bell Bank Park, a 320-acre sports and entertainment complex in Mesa, Ariz. The company filed bankruptcy on May 1 under Chapter 11 case number 23-02832.

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