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KATY INDUSTRIES INC (KATY)
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Create: Alert |
All | News | Filings
| Date Filed | Type | Description |
| 05/18/2017 |
8-K
| Filed for Chapter 11|
Docs:
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"Asset Purchase Agreement by and among Katy Industries, Inc., Continental Commercial Products, LLC, FTW Holdings, Inc., Fort Wayne Plastics, Inc. and Jansan Acquisition, LLC",
"Debtor-In-Possession Credit and Security Agreement among Katy Industries, Inc., Continental Commercial Products, LLC, FTW Holdings, Inc., Fort Wayne Plastics, Inc., 2155735 Ontario Inc., CCP Canada Inc. and Jansan Acquisition, LLC",
"Katy Industries, Inc. Enters into Asset Purchase Agreement for the Sale of Substantially All of Its Operations and Assets to Create a Sustainable Financial Structure Files Voluntary Chapter 11 Petitions to Facilitate Sale with a Commitment for $7.5 million in DIP Financing to Support Operations St. Louis, MO — May 14, 2017 — Katy Industries, Inc. a leading manufacturer, importer and distributor of commercial cleaning and consumer storage products, announced that it has reached an agreement with a newly-created entity co-owned by Highview Capital, LLC and affiliates of Victory Park Capital Advisors, pursuant to which it would sell substantially all of its assets for a combined cash and credit bid offer. This agreement would provide long-term financial stability and supply Katy with the fina..." |
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