E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/3/2013 in the Prospect News Distressed Debt Daily.

Former Journal Register reports $79,000 net loss for May 6 to June 2

By Caroline Salls

Pittsburgh, July 3 - Pulp Finish 1 Co., formerly Journal Register Co., posted a $79,000 net loss for the period of May 6 to June 2 on zero revenue, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Southern District of New York.

In comparison, the company reported $20.84 million of net income for the period of April 1 to May 5, also on zero revenue.

The company had $6.71 million in cash and cash equivalents as of June 2, down from $7.94 million at May 5.

Journal Register, a New York-based media company, filed for bankruptcy on Sept. 5, 2012. Its Chapter 11 case number is 12-13774.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.