CANTON, Mass. (Dec. 26)—Plymouth Rubber Co. inc. said it has completed its debt restructuring with lenders to improve its financial position by reducing cash flow required for debt service. Equipment lenders agreed to cut principal payments on debts, extend maturity dates of the debts and other actions. Plymouth gave the lenders a mortgage on its Canton plant and security interests on patents, trademarks and other items.
Plymouth Rubber completes debt restructuring
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