Exela Units File For Ch. 11 With $1.3B Debt

By Ben Zigterman · March 4, 2025, 11:58 AM EST

A Texas bankruptcy judge granted about 60 units of business process automation company Exela Technologies Inc. interim approval to access a $185 million lending facility to finance their Chapter 11 bankruptcy...

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Bankruptcy Scorecard

Summary

About 60 units of business process automation company Exela Technologies Inc. filed for Chapter 11 in the Southern District of Texas with a prearranged plan and hopes to file a restructuring plan "shortly," seeking to refinance over $1.3 billion of debt.

Case Number

4:25-bk-90023

Judge

Christopher M. Lopez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$1.3 billion.

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Documents

Declaration