TITLE

HMH Secures Financial Restructuring

PUB. DATE
March 2010
SOURCE
Educational Marketer;3/ 1/2010, Vol. 41 Issue 5, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial restructuring move of Houghton Mifflin Harcourt (HMH) Publishing Co. in Boston, Massachusetts. It notes that the company's restructuring and recapitalization move allowed HMH to avoid putting the company through bankruptcy proceedings. It also mentions that the HMH financial restructuring converts an estimated 60% of senior lender's secured debt of equity.
ACCESSION #
58738726

 

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