First Brands Aims to Assure Lenders by Chasing Trapped Funds
Published on: Dec. 13, 2025, 1:50 a.m. | Source: Livemint
First Brands advisers sought to reassure skittish creditors after the value of its $1.1 billion rescue loan collapsed, saying business has stabilized since filing Chapter 11 and moving to unlock funds from receivables it can’t currently access.
