Checkout Holding – Seeks Authorization for $275mn in DIP Financing (Including Roll-Up of $150mn), $60mn on Interim Basis

December 12, 2018 – Checkout Holding requested Court authority enter into a multiple-draw super-priority senior secured term debtor-in-possession (“DIP”) loan facility in an aggregate principal amount not to exceed $275 million (the “DIP Facility”) agented by JPMorgan Chase Bank N.A, including interim authority to draw up to $60 million. [Docket No. 30]. The DIP Facility…