Kodak denies that it stops in the midst of media reports of financial difficulties

Eastman Kodak denies the information that she stops.

Wednesday, the media as Cnn And CNBC Detailed the company’s current financial challenges, including the declarations made in its profits report that warned investors that it did not have “funding or available liquidity” to comply with the obligations of the debt to come within 12 months.

However, Kodak quickly published a press release To counter these complaints, noting that he has “not planned to stop operations” or to file protection against bankruptcy. Rather, he claims to intend to “reimburse, extend or refinance” his debt before the due date and expect a more solid assessment at the beginning of next year.

The company also proposed an explanation of its finances, noting that it will use 300 million dollars in cash which it receives in December 2025 from its termination of the pension plan to respond to a large part of its $ 477 million in term debt. It will then address the remaining $ 177 million in debt and an additional $ 100 million in privileged stocks in circulation.

Despite these clarifications on recent problems, the 133 -year -old company has regularly fought in finance while digital technology has overshadowed film sales. Kodak previously deposited in bankruptcy In 2012. In recent years, however, some users of the Z generation have embraced older technologyas Compact cameras And Stupid phonesTo exploit nostalgia for a while that they have never been able to live.

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