TACOMA, Wash. - Hardwood lumber giant Northwest Hardwoods has filed for Chapter 11 bankruptcy. Northwest Hardwoods announces that Jason Gobel, currently Product Marketing Director – East Business Unit, has been appointed to the position of General Manager – Specialty Products Business Unit, effective December 1st, 2020. The Tacoma, Wash., lumber firm stated it plans to implement the restructuring both via an out-of-court debt-for-equity swap or via a prepackaged chapter 11 […] Northwest Hardwoods, Inc.: Northwest Hardwoods’ downsizing of its 7.5% senior secured notes due 2021 does not change ratings. Breather Filters; Pressure Filters; All Hydraulic; Vacuum; All Filters; Hydraulics. Jonathan Randles. "On November 23, Northwest Hardwoods and certain of … Northwest Hardwoods Inc., owned by private-equity firm Littlejohn & Co., on Friday said it reached an agreement on a financial restructuring that will reduce its debt by about $270 million. Downgraded To 'CCC' On Weakened Operating Performance; Outlook Negative Credit Rating Tacoma, Wash.–based Northwest Hardwoods Inc.'s operating performance has weakened in recent quarters with lower revenues (due to weak pricing and lower volumes), leading to extremely high debt leverage (over 15x) and EBITDA to interest coverage of less than 1x. Evolution du taux de mortalité dans un peuplement de pin gris en fonction de la fertilisation (d'après: Foster et Morrison 2002). Nicole C. H. | Tacoma, Washington, United States | Credit Analyst at Northwest Hardwoods | 104 connections | See Nicole C.'s complete profile on Linkedin and connect Nathan Jeppson, CEO of Northwest Hardwoods said "Today marks an important milestone in our process to significantly reduce our debt so we can re-invest in long-term growth. The nests were found between 9.9 and 35.1 meters from the ground, i.e. Northwest Hardwoods on Monday became the latest to seek Chapter 11 protection with more than $420 million in debt. Spare Parts. Reducing Connectors; Pressure Switches The ongoing COVID-19 pandemic has pushed several lumber companies into bankruptcy. NWH has debt coming due, further constraining its credit profile. Moody's believes management is addressing the company's cost structure and improving working capital management. Northwest Hardwoods Sheds Debt and Reorganizes Under Chapter 11 News Release TACOMA – On November 23, 2020, Northwest Hardwoods, Inc. and certain of its affiliates took the next step in implementing its restructuring support agreement by filing voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. Throughout this process, we will continue to serve our customers and deliver on our mission of delivering the best hardwoods products in the industry. Accessories. The original RCF had a maximum commitment of $500 N224: 224 kg d'urée/ha, N448:448 kg d'urée/ha. The Wall Street Journal. Moody's Investors Service 06 Feb 2015 Rating Action Moody's affirms Northwest Hardwoods' B2 CFR; rating outlook stable. US’ hardwood timber giant Northwest Hardwoods has filed for Chapter 11 bankruptcy on November 23rd, saying difficulties from trade disputes with China and the weak markets impacted by COVID-19 pandemic had stunted its ability to service more than $420 million in secured debt. This document summarizes Moody's view as of the publication date and will not be updated until the … Nathan Jeppson, CEO of Northwest Hardwoods said “Today marks an important milestone in our process to significantly reduce our debt so we can re-invest in long-term growth. 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