
comWe aim to be the worlds largest content provider for home security information on the internet. If you have a home security question, chances are, we have the answer. Article Source:https://EzineArticles. com/expert/Fraser Wheaton/69173Ascent Capital Group Inc.
reported that the company is confident, based on the support agreement reached with its largest creditors, that it will be able to meet its financial commitments and otherwise continue to operate its business as usual throughout the restructuring period, including paying its employees, dealers and suppliers in the normal course of business and providing home security to all of its customers. As part of the anticipated chapter 11 process, the company has secured a commitment for $245
million in debtor in possession DIP financing that will be replaced by $295 million in exit financing at the completion of the reorganization.
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