Exide (XIDE +20%) gets interim court approval of a variety of motions towards its restructuring,...


Exide (XIDE +20%) gets interim court approval of a variety of motions towards its restructuring, including the approval of its $500M Debtor-in-Possession financing agreement with JPMorgan Chase to continue the uninterrupted operation of its global business. Standard & Poors cuts its rating to D on the news.

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