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Alkegen Plans Prepackaged Bankruptcy in Deal for Fresh Cash

Alkegen has signed a restructuring deal with lenders that will inject the specialty materials maker with new money and slash its debt load by about $3.1 billion, according to a person familiar with the situation.

July 20, 2026 World Bloomberg

Alkegen has signed a restructuring deal with lenders that will inject the specialty materials maker with new money and slash its debt load by about $3.1 billion, according to a person familiar with the situation.

This story was indexed from the original publisher. Read at Bloomberg

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