Nebraska Book Restructures Debt

July 2011
Educational Marketer;7/4/2011, Vol. 42 Issue 14, p6
Trade Publication
The article reports on the debt restructuring of Nebraska Book Co. through voluntary bankruptcy. It states that the company decided to restructure its debt citing declined in revenue, increasing competition with other online textbook rentals, and due dates in 2012 and 2013. According to its filings at Securities and Exchange Commission, its 450 million dollars debt will be restructured while 77 million dollars will be eliminated. It adds the net loss of 98.3 million dollars.


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