Reagor-Dykes proposes $14M restructuring plan to Ford Credit, GM Financial | Auto Finance News | Auto Finance News

Reagor-Dykes proposes $14M restructuring plan to Ford Credit, GM Financial

Reagor-Dykes Auto Group is looking to avoid a shutdown by proposing a $14 million restructuring plan that would “yield the highest and best return for all creditors,” including Ford Motor Credit and GM Financial, according to documents filed June 29 in bankruptcy court.  The proposal suggests the dealership chain will be recapitalized by “Plan Sponsors,” […]

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