NewPage Files Joint Chapter 11 Plan
Press release from the issuing company
NewPage Corporation announced today that it has filed a Joint Chapter 11 Plan (the "Plan") with the United States Bankruptcy Court for the District of Delaware. The Company also requested an extension of time to file the disclosure statement related to the Plan.
"The filing of our plan of reorganization is an important and positive step forward to a successful completion of our financial reorganization," said George F. Martin, president and chief executive officer. "Discussions with and among our major creditor groups regarding the plan are ongoing. We are hopeful that these discussions will lead to broad support for our plan."
The Plan is available at http://www.newpagerestructuring.com/legal-filings/.
This release is not intended as a solicitation for a vote on the Plan.
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