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Stock impact report

Wood Pellet Maker Enviva Secures Forbearance Agreement Following Missed Bond Payment [MarketWatch]

Enviva Inc. (EVA) 
Last enviva inc. earnings: 4/29 04:30 pm Check Earnings Report
US:NYSE Investor Relations: envivapartners.com
Company Research Source: MarketWatch
The nation's largest exporter of wood pellets on Friday said the forbearance agreement follows a failed semiannual interest bond payment of about $24.4 million. Advertisement Enviva intends to continue negotiating with the forbearing counterparties and the company's customers and other stakeholders during the forbearance period, which will terminate on March 4. Enviva's latest announcement comes three days after The Wall Street Journal reported the company is preparing to file for bankruptcy within days, and some of its bondholders are offering to finance it. Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix Show less Read more
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