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0 0.00164383561643833 0 -0.000547945205479544 -0.0136986301369863 -0.0268493150684932 -0.0331506849315069 -0.109452054794521
Stock impact report

Enviva surges after winning another week to make bond payment [Seeking Alpha]

Enviva Inc. (EVA) 
Last enviva inc. earnings: 4/29 04:30 pm Check Earnings Report
US:NYSE Investor Relations: envivapartners.com
Company Research Source: Seeking Alpha
to extend a forbearance over a missed interest payment by a week through March 11. Enviva ( EVA ) failed to pay a $24.4M interest payment due on January 16, setting off a 30-day grace period before the debt holders would be able to declare a default, on the company reached an initial forbearance agreement on February 15 that was set to expire last night. The company also said investors should no longer rely on its financial reports for the first three quarters of 2023, which it said would be restated. "This conclusion was based principally on the need to correct the classification of ~$33M recoverable from customers for certain handling costs that the company incurred at discharge ports for its wood pellet shipments," Enviva ( EVA ) said in the filing. The Wall Street Journal reported last month that Enviva ( EVA ) was preparing to file for bankruptcy and that some bondholders offered to provide financing for the Chapter 11 process. Recommended For You Recommended For You Show less Read more
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