Friday 15. March 2013
Eastman Kodak Company Announces the Expiration of the Offer to Subscribe for Loans and Exchange Notes for Loans
Eastman Kodak Company (“Kodak” or the “Company”) today announced the expiration, at 5:00 p.m. on March 14, 2013, of the offer to holders of its outstanding 10.625% Senior Secured Notes due March 15, 2019 (CUSIP Nos. 277461BK4 and U27746AH6) and 9.75% Senior Secured Notes due March 1, 2018 (CUSIP Nos. 277461BH1 and U27746AG8) (together, the “Notes”) to (i) subscribe for up to an aggregate amount of $455,000,000 of term loans (the “New Money Loans”) under a new junior secured priming superpriority debtor-in-possession term loan facility (the “Junior DIP Facility”); and (ii) exchange Notes for up to an aggregate amount of $375,000,000 of junior term loans (the “Junior Loans”) under the Junior DIP Facility. The offer was oversubscribed.