FTD Companies – Seeks $94.5mn in DIP Financing, $42.0mn on an Interim Basis, and Use of Cash Collateral

June 3, 2019 – The Debtors requested Court authority to (i) access $94.5mn in debtor-in-possession (“DIP”) financing ($42.0mn on an interim basis) and (ii) use cash collateral [Docket No. 19]. $27.5mn of the DIP financing will be used to roll-up prepetition debt ($12.0mn of which will be rolled-up upon issuance of the interim DIP order)….