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Maker’s Pride said it “moves forward as a well-capitalised company under the majority ownership of a group of its existing ...
As Hostess proved in both 2004 and 2012, it's possible for Twinkie the Kid to ride again even after a bankruptcy filing.
Launches Rebrand to Maker’s Pride, Reflecting Company’s Commitment to Growth, Innovation, and Making Exceptional Food H-Food Holdings LLC and certain of its affiliates (“Hearthside”), a ...
Hearthside entered voluntary Chapter 11 reorganization last November. Other than financial restructuring, today's ...
Food Holdings LLC and certain of its affiliates ("Hearthside"), a leading food contract manufacturer, today announced that it has completed its financial restructuring and emerged from Chapter 11 as ...
With a stronger financial foundation and streamlined operations, Maker’s Pride is well-positioned for its next phase of growth, innovation, and leadership in the food manufacturing industry.
Maker’s Pride now has approximately $600m in liquidity, which includes $200m raised through an equity rights offering and around $190m secured through a new asset-backed loan facility.
Through its financial restructuring, the company eliminated approximately $2 billion of funded debt and is emerging with approximately $600 million of liquidity.