SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Lance B's : Its A Beautiful Thing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LANCE B who wrote (152)10/21/1999 3:14:00 PM
From: Tom Allinder  Read Replies (2) of 4792
 
VCRI has a lot of credit:

LOUISVILLE, Ky., Oct 1, 1999 (BUSINESS WIRE) -- Vencor, Inc. (the
"Company") today announced that the United States Bankruptcy Court for
the District of Delaware (the "Court") gave final approval to the
Company's $100 million debtor-in-possession financing (the "DIP
Financing") with a bank group led by Morgan Guaranty Trust Company of
New York. The DIP Financing and existing cash flows will be used to
fund the Company's operations during the restructuring. As of October
1, 1999, the Company had no outstanding borrowings under the DIP
Financing. The Court also approved the Company's motion to establish a
vendor reclamation procedure.

Vencor and its subsidiaries filed voluntary petitions for
reorganization under Chapter 11 with the Court on September 13, 1999.

Vencor, Inc. (OTC/BB:VCRI) is a long-term healthcare provider operating
nursing centers, hospitals, and contract ancillary services in 46
states.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News