Atrium's Restructuring Successfully Completed
Atrium Companies, Inc. and certain of its affiliates and subsidiaries (together, "Atrium") successfully completed its balance sheet restructuring and emerged from Chapter 11 on April 30, 2010, just 100 days after its initial filing was made. A copy of the Notice of Effective Date is available by clicking here.
A copy of the Second Modified Joint Plan of Reorganization of Atrium Corporation and its Debtor Affiliates Pursuant to Chapter 11 of the Bankruptcy Code (the "Plan"), which was confirmed by the Bankruptcy Court on April 28, 2010, is available by clicking here.
As a result, Atrium is financially stronger with a healthy capital structure to support long-term growth. In fact, through the restructuring process, Atrium's outstanding debt was reduced by almost 60 percent.
With a stronger balance sheet and new financial resources, Atrium is well positioned for the future and is looking forward to the opportunities ahead to build its business, reinforce its market leadership and deliver long-term growth.
Information about Atrium's related Canadian CCAA filing can be found here.
General information about Atrium is available here.
Questions related to the administration of these Chapter 11 cases and any document requests may be directed to 1.866.405.2137.