Jan. 13, 2009, NEW YORK – Interstate Bakeries Corp., the bankrupt maker of Wonder Bread and Twinkies
treats, said on Tuesday that it is in "productive discussions"
with lender GE Capital Corp regarding a credit agreement that has
been delaying its bankruptcy exit.
The company said it is working with the General Electric Co. unit to finalize documentation for an asset-based revolving
credit agreement and that it is hopeful the documentation will be
finalized "in the very near future."
Once the agreement is finalized, the company said it is
hopeful its bankruptcy exit financing will close. | FULL STORY
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