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Wednesday, May 17, 2017

Katy Industries Gets Interim OK For $7.5M DIP Loan

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A Delaware bankruptcy judge on Tuesday gave Katy Industries Inc. the interim OK for its $7.5 million post-petition loan being extended by the cleaning and storage products manufacturer’s stalking horse bidder, a joint venture of Victory Park Capital Advisors and Highview Capital LLC.

May 17, 2017 at 07:28AM

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