Workflow
养老金计划交易
icon
Search documents
柯达中国发布声明:公司没有停止运营、终止业务或申请破产保护的计划
Jin Rong Jie· 2025-08-19 03:37
Core Viewpoint - Kodak China issued a statement clarifying that media reports about the company ceasing operations, terminating business, or filing for bankruptcy are inaccurate and stem from a fundamental misunderstanding of the technical disclosures in its recent Q2 financial report submitted to the SEC [1][2]. Group 1: Operational Status - Kodak has no plans to cease operations, terminate business, or file for bankruptcy protection [5]. - The company is confident in its ability to repay, extend, or refinance debts and preferred shares before or at maturity [5]. Group 2: Financial Position - Kodak is preparing to terminate its pension plan and expects to gain approximately $500 million in assets upon completion of the transaction by December 2025, including about $300 million in cash and $200 million in convertible investment assets [4]. - Following the planned transaction, Kodak's balance sheet is expected to significantly improve, nearly achieving net debt elimination [5]. Group 3: Accounting and Obligations - The "going concern disclosure" is a technical report required by accounting standards [5]. - Kodak will continue to fulfill its obligations to all pension plan participants [5].