Provided By Globe Newswire
Last update: May 18, 2022
LANCASTER, Pa., May 17, 2022 (GLOBE NEWSWIRE) -- Armstrong Flooring, Inc. (the “Company”) today announced that it has received approval from the U.S. Bankruptcy Court for the District of Delaware to access its consensual debtor-in-possession ("DIP") financing totaling $24 million in net new money. This financing will provide the Company with the necessary liquidity to continue operating in the ordinary course as it pursues a swift, value-maximizing sale process.