AbitibiBowater, Inc. (fka ABWTQ)

[Straight]

In the Creditor Protection Proceedings, we have sought and obtained: (i) final approval by the Courts to enter into a debtor in possession financing facility for the benefit of AbitibiBowater Inc., Bowater and certain of Bowater’s subsidiaries, (ii) final approval by the Canadian Court to enter into a debtor in possession financing facility for the benefit of Abitibi and Donohue Corp. (“Donohue”) which, on December 9, 2009, was terminated, repaid and replaced with a debtor in possession financing facility for the benefit of Abitibi with a wholly-owned subsidiary of ACCC, and (iii) final approval by the Courts to amend and restate, in its entirety, the Abitibi and Donohue accounts receivable securitization program. Each of these financing arrangements is discussed in further detail in Item 7 of this Annual Report on Form 10-K, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” (“Item 7”), under “Liquidity and Capital Resources.”

Read more: http://www.faqs.org/sec-filings/100331/AbitibiBowater-Inc_10-K/#ixzz11gDm9VOg