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Armstrong Secures $24M Loan to Finance Operations Amid Reorganization

Lancaster, PA, May 17, 2022-Armstrong Flooring Inc. has secured $24 million in loans that will keep it operating as it reorganizes and pursues a sale of its assets, the company’s attorneys told a Delaware bankruptcy judge Monday, reports Lancaster Online.

Armstrong Flooring secures $24M in loans to keep company operating as it reorganizes, seeks buyer

Armstrong Flooring secures $24M in loans to keep company operating as it reorganizes, seeks buyer
lancasteronline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lancasteronline.com Daily Mail and Mail on Sunday newspapers.

Property Management Company Battles Bankruptcy Blocking Provision

COVID-19 meant employee furloughs, business closures, affected commercial real estate market. Social distancing, quarantining, remote work, layoffs, shifted, reduced need for corporate space, caused questions if now is good time to invest, move, downsize/upsize space for it.

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