DISCLOSURE STATEMENT · CLASS 4 · p.41
Article IV — Treatment of Claims and Interests
On the Effective Date, each Holder of an Allowed Class 4 Senior Secured Notes Claim, bearing interest at 9.25% per annum and maturing June 30, 2027, shall receive, in full and final satisfaction of such Claim, its Pro Rata share of the Senior Secured Recovery.
Such recovery is estimated at $1.42 billion in aggregate, representing an approximate recovery of 68% of the Allowed amount of such Claims. Such Class is Impaired and entitled to vote on the Plan. Each Holder of an Allowed Class 6 General Unsecured Claim shall recover its Pro Rata share of approximately $310 million.
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