Originally Posted by
cactipilot
Why 5 Billion? I'm assuming you have to have working capital to get you through the Chapter 11 without getting any more loans since, well, who lends to a Company in BK.... but How long did the last Chapter 11 take? Anyone on property remember!?
BK funding is quite common. There are companies that specialize in funding BK plans for large corporations. Very profitable for the lender.