{"id":143553,"date":"2025-08-13T23:01:14","date_gmt":"2025-08-13T23:01:14","guid":{"rendered":"https:\/\/www.europesays.com\/us\/143553\/"},"modified":"2025-08-13T23:01:14","modified_gmt":"2025-08-13T23:01:14","slug":"kodak-says-itll-figure-things-out-and-wont-shut-down","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/143553\/","title":{"rendered":"Kodak says it\u2019ll figure things out and won\u2019t shut down"},"content":{"rendered":"<p class=\"duet--article--dangerously-set-cms-markup ewrhy38 _1xwtict1\">\u201cKodak is confident it will be able to pay off a significant portion of its term loan well before it becomes due, and amend, extend or refinance our remaining debt and\/or preferred stock obligations. To fund the repayment, we plan to draw on the approximately $300 million in cash we expect to receive from the reversion and settlement of our U.S. pension fund (the Kodak Retirement Income Plan, or \u201cKRIP\u201d) in December. However, the KRIP reversion is not solely within Kodak\u2019s control and therefore is not deemed \u201cprobable\u201d under U.S. GAAP accounting rules, which is what triggered the \u201cgoing concern.\u201d Once the KRIP reversion is completed Kodak will be virtually net debt free and will have a stronger balance sheet than we have had in years.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cKodak is confident it will be able to pay off a significant portion of its term loan well&hellip;\n","protected":false},"author":3,"featured_media":143554,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[64,50,67,132,68],"class_list":{"0":"post-143553","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-news","10":"tag-united-states","11":"tag-unitedstates","12":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115023949808197000","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/143553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=143553"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/143553\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/143554"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=143553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=143553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=143553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}