Armstrong flooring receives approval for additional financing

Lancaster, pa., may 17, 2022 (globe newswire) -- armstrong flooring, inc. (the “company”) today announced that it has received approval from the u.s. bankruptcy court for the district of delaware to access its consensual debtor-in-possession ("dip") financing totaling $24 million in net new money. this financing will provide the company with the necessary liquidity to continue operating in the ordinary course as it pursues a swift, value-maximizing sale process.
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