THE WOODLANDS, Texas–(BUSINESS WIRE)–GPD Companies, Inc. (formerly known as Nexeo Plastics Holdings, Inc.) (the “Company”) today announced that it has received consents from holders representing 99.29% of its 10.125% Senior Secured Notes due 2026 (144A CUSIP: 64051NAA1, Regulation S CUSIP: U6404NAA3) (the “Notes”) pursuant to its previously announced solicitation of consents (the “Consent Solicitation”), which expired today at 5:00 p.m., New York City time (the “Expiration Time”). The consents received in the Consent Solicitation permit the Company to modify the definitions of “Permitted Debt” and “Permitted Liens” in the indenture governing the Notes (the “Indenture”) in order to increase the…
