Westmoreland Coal Company – Seeks Approval for $110 million of DIP Financing, Including $20 million of Further Borrowing Headroom

October 9, 2018 – Westmoreland Coal Company requested Court approval for debtor-in-possession (“DIP”) financing [Docket No. 17] in respect of which Wilmington Savings Fund Society, FSB is to serve as collateral agent, the “DIP Facility Agent”. The DIP financing motion explains, “The DIP facility and the loan commitment for the WLB Debtors is to enter…