Judge Signals OK For $15M DIP Loan To Petersen Health Care

By Ben Zigterman (March 22, 2024, 8:45 PM EDT) -- During a break in a hearing Friday afternoon in Delaware bankruptcy court, senior-living company Petersen Health Care reached an interim deal with its debtor-in-possession lender and its prepetition lenders to let it access $15 million of its proposed $45 million DIP loan....

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