Nov 3 (Reuters) - Hayes Lemmerz International Inc:
* Court confirms Hayes Lemmerz International Inc's plan of reorganization
* Consolidated funded indebtedness of abt $720 million to be reduced to abt
$240 million upon emergence from chapter 11
* Currently working with a number of potential lenders to structure exit
financing of approximately $100 million
* Expects to finalize its exit financing and to emerge from chapter 11 no later
than December
* Reached settlements with its U.S. retirees and pension benefit guaranty
corporation
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Court confirms Hayes Lemmerz International Inc's plan of reorganization
* Consolidated funded indebtedness of abt $720 million to be reduced to abt
$240 million upon emergence from chapter 11
* Currently working with a number of potential lenders to structure exit
financing of approximately $100 million
* Expects to finalize its exit financing and to emerge from chapter 11 no later
than December
* Reached settlements with its U.S. retirees and pension benefit guaranty
corporation
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.