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Amazon aggregator Thrasio files for bankruptcy

Amazon aggregator Thrasio Holdings filed for Chapter 11 bankruptcy protection and received commitments for $90 million in new financing from existing shareholders, it said on Wednesday. .

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Thrasio: Thrasio files for Chapter 11 in bid to restructure its debt

The company, a Amazon.com Inc. seller, initiated the process in New Jersey, according to a filing dated Feb. 28. It is seeking to pay employees wages, as well as suppliers, while the case is ongoing.

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Thrasio Initiates Chapter 11 Process; Enters RSA to Eliminate $495MM in Debt - News

Thrasio Holdings has entered into a restructuring support agreement with approximately 81% of its revolving credit facility lenders and approximately 88% of its term loan lenders that will eliminate approximately $495 million of the Company's existing debt, defer all interest payments in the first year post-emergence and infuse new capital into the.

New jerseyUnited statesGreg greeleyThrasio holdingsKirkland ellisUs bankruptcy courtRestructuring support agreementChief executive officerCenterview partners

Thrasio s Bankruptcy Spotlights Aggregators Decline as Ecosystems Take Shape

Thrasio s Bankruptcy Spotlights Aggregators Decline as Ecosystems Take Shape
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PR News | Joele Frank Handles Thrasio s Chapter 11 - Wed , Feb 28, 2024

Joele Frank is working for Thrasio Holdings as the top Amazon aggregator declares Chapter 11.

Jed repkoKara sperryJoele frankGreg greeleyThrasio holdingsWilkinson brimmer katcherMichael freitagJoele frank wilkinson brimmer katcherAmazon aggregatorHapter 11Amazon marketplace

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