5/11/2021 | BK | Verso amends ABL revolver to provide for $200 million
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2/11/2019 | BK | Verso amends $350 million five-year ABL revolving credit facility
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9/14/2018 | BK | Verso repays remaining $50 million under secured term loan facility
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8/9/2017 | BK | Verso repays $20 million of exit term loan facility
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7/19/2016 | BKDD | Verso closes $375 million asset-based revolver, $220 million term loan
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7/15/2016 | DD | Verso and subsidiaries emerge from bankruptcy
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7/1/2016 | DD | Verso operating loss narrows to $4.97 million in May; sales decline
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6/23/2016 | DD | Verso reorganization plan confirmed; emergence likely by end of July
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6/8/2016 | DD | Verso granted precautionary 72-day extension of exclusive plan periods
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6/6/2016 | CLHY | Market Commentary: Generation Brands, Albany Molecular update deals; primary activity continues to blossom
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6/6/2016 | BK | Market Commentary: Generation Brands, Albany Molecular update deals; primary activity continues to blossom
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6/6/2016 | BKDD | Verso launches $225 million term loan B at Libor plus 750 bps
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6/3/2016 | CLHY | Market Commentary: Allnex, Cypress Semiconductor update deals, break; Acelity sets talk on extension proposal
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6/3/2016 | BK | Market Commentary: Allnex, Cypress Semiconductor update deals, break; Acelity sets talk on extension proposal
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6/3/2016 | BKDD | Verso readies launch of $575 million credit facility for Monday
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6/1/2016 | DD | Verso posts $5.4 million operating loss for April on $215 million sales
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5/26/2016 | DD | Verso wins approval to reject Expera specialty paper supply contract
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5/24/2016 | DD | Verso seeks precautionary 72-day extension of exclusive plan periods
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5/23/2016 | DD | Verso first-quarter operating loss grows to $110 million, sales fall
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5/9/2016 | DD | Verso disclosure statement approved; plan confirmation hearing June 23
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5/2/2016 | DD | Verso records $147.62 million operating loss for month ended March 31
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4/19/2016 | DD | Verso scrap metal purchaser files lawsuit, claims $6.8 million owed
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4/15/2016 | DD | Verso general unsecured creditors slated to share $3 million via plan
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4/14/2016 | DD | Verso operating loss narrows to $155 million for year ended Dec. 31
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3/17/2016 | DD | Verso creditors committee OK’d to hire Lowenstein Sandler as counsel
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3/8/2016 | DD | Verso NewPage debtors amend DIP facility to reallocate $5.4 million
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3/2/2016 | DD | Verso secures OK of $600 million in DIP financing, first-day motions
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3/1/2016 | DD | Verso creditors committee looks to hire Lowenstein Sandler as counsel
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2/22/2016 | DD | Verso, New Page committees of creditors object to DIP financing motion
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2/8/2016 | DD | Verso’s seven-member unsecured creditors committee appointed
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1/29/2016 | BKCVDDEMHY | Prospect News reports three new defaults for Jan. 21-Jan. 27, S&P one
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1/27/2016 | BKDD | Verso finalizes restructuring support agreement, DIP financing terms
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1/26/2016 | BKDDHY | Verso files for Chapter 11 bankruptcy, eyes $600 million DIP facility
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1/26/2016 | BKDDHY | Verso files for Chapter 11 bankruptcy, eyes $600 million DIP facility
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1/22/2016 | BK | Market Commentary: CLO market remains mute as investors eye potential defaults among stressed issuers
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1/22/2016 | CL | Market Commentary: CLO market remains mute as investors eye potential defaults among stressed issuers
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11/16/2015 | BKDDHY | Verso: Restructuring eyed amid going-concern issues, cash flow crunch
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1/7/2015 | HY | Verso amends second-lien notes, subordinated notes with close of NewPage acquisition
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