Aceto Corporation – Seeks $60mn in DIP Financing with $15mn on an Interim Basis

February 20, 2019 – The Debtors requested Court authority (i) to access $60mn in debtor-in-possession ("DIP") financing ($15mn on interim basis) and (ii) for interim use of cash collateral [Docket No. 17]. The DIP financing is to be provided by a syndicate of lenders led by Wells Fargo Bank, N.A. and will finance Aceto’s working…