Marine Link
Tuesday, July 16, 2024

Bender Secures Loan, Sells Assets

Maritime Activity Reports, Inc.

November 5, 2009

According to a Nov. 4 report from www.al.com, attorneys for Bender Shipbuilding & Repair Co. reached an agreement Tuesday with creditors that will allow the bankrupt Mobile, Ala. company to borrow up to $6m while it tries to sell assets.

(Source: www.al.com)