ACBL completes recapitalization

Capt. John

American Commercial Barge Line Holding Corp., as successor to American Commercial Lines Inc., today announced that it has successfully completed its recapitalization and emerged from Chapter 11.

ACBL says it is moving forward as an inland barge transportation leader and continuing to provide customers with safe, reliable and competitive solutions.

It says that with $200 million in new equity capital and having reduced its funded debt by approximately $1 billion, it has a strong financial...

https://www.marinelog.com/coastal/inland/acbl-completes-recapitalization/

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