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CalPlant to complete sales process by September

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Published in issue 31/2022
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To fund ongoing operations, straw-based fibreboard manufacturer CalPlant I LLC and superordinate CalPlant I Holdco LLC (both Willows, California) has concluded another debtor-in-possession (DIP) financing for the amount of US$15m. The application, filed in mid-March 2022, was approved by the US Bankruptcy Court of t...

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