CERO Cooperative, Inc.
CERO Cooperative, Inc.
Organic Waste Management Services

Blog by Lor Holmes

PRESS RELEASE - FINANCIAL RESTRUCTURING

By Lor Holmes

PRESS RELEASE - FINANCIAL RESTRUCTURING

CERO Cooperative, Inc. (CERO), a Massachusetts worker-owned cooperative corporation, has completed a consensual balance-sheet restructuring with its lenders involving a debt-for-equity swap and other loan modifications.  As a result, CERO has reduced indebtedness by approximately $430,000 and s...

04.20.2021 11:05 AM - Comment(s)