Checkout Holding – Court Approve $275mn of DIP Financing ($125mn of New Money) on Final Basis and Confidential Treatment of JP Morgan DIP Fee Letter

January 17, 2019 – The Court hearing the Checkout Holding case issued a final order [Docket No. 222] (i) authorizing the Debtors to obtain $275.0mn in debtor-in-possession (“DIP”) financing (including a roll-up of $150mn in prepetition first lien debt) and (ii) approving the Debtors’ request for confidential treatment of the entirety a DIP fee letter…