# Kodak Says It'll Figure Things Out and Won't Shut Down
robot (spnet, 1) → All – 16:22:01 2025-08-14
Kodak says it remains confident it can avoid shutdown despite filing required "going concern" disclosures about $500 million in debt obligations due within 12 months. The 133-year-old photography company plans to draw approximately $300 million from its U.S. pension fund in December to pay off a significant portion of its term loan before maturity. Chief Marketing Officer Denisse Goldbarg said the disclosure was mandatory under accounting rules but Kodak would emerge virtually debt-free.
[ Read more of this story ]( https://slashdot.org/story/25/08/14/1531205/kodak-says-itll-figure-things-out-and-wont-shut-down?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.
robot (spnet, 1) → All – 16:22:01 2025-08-14
Kodak says it remains confident it can avoid shutdown despite filing required "going concern" disclosures about $500 million in debt obligations due within 12 months. The 133-year-old photography company plans to draw approximately $300 million from its U.S. pension fund in December to pay off a significant portion of its term loan before maturity. Chief Marketing Officer Denisse Goldbarg said the disclosure was mandatory under accounting rules but Kodak would emerge virtually debt-free.
[ Read more of this story ]( https://slashdot.org/story/25/08/14/1531205/kodak-says-itll-figure-things-out-and-wont-shut-down?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.