Kodak Completes $1B Pension Asset Reversion, Reduces Debt

Kodak completes $1B pension asset reversion, reduces debt

Kodak completed a $1B pension asset reversion, cut debt to $200M and fully funded its new employee cash balance plan. The post Kodak completes $1B pension asset reversion, strengthens balance sheet and reduces debt appeared first on Rochester Business Journal.

Kodak Completes Pension Reversion Process, Delivering Over $1 Billion to Strengthen Balance Sheet, Fully Fund New Benefit Plan, and Accelerate Growth

Reduces Term Loan Balance to $200 Million and Substantially Lowers Interest Payments Fulfills All Retirement Obligations to U.S. Pension Plan Participants ROCHESTER, N.Y.--(BUSINESS WIRE)--Eastman Kodak Company (NYSE: KODK) announced today that it ha... L'articolo Kodak Completes Pension Reversion Process, Delivering Over $1 Billion to Strengthen Balance Sheet, Fully Fund New Benefit Plan, and Accelerate Growth è un contenuto originale di 01net.