Diamond Comic Distributors Receives Court Approval for $41 Million in Debtor-in-Possession Financing
Diamond Comic Distributors Receives Court Approval for $41 Million in Debtor-in-Possession Financing
01/18/25, 4:06 PM
Location
Money
$41 million
Industry
printing
ebooks
publishing
Type
agreement
Diamond Comic Distributors announced that the United States Bankruptcy Court has approved the company’s $41 million debtor-in-possession financing agreement with JP Morgan Chase. The financing will be used to fund operating expenses and provide working capital to meet obligations to suppliers.
Company Info
Location
maryland, united states
Additional Info
Diamond Comic Distributors offers a multi-channel platform of publishing, marketing and fulfillment services, coupled with an unparalleled global distribution network for its retailers, publishers, and vendors. The company's mission is to provide customers the best in products, price, and personalized service.