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Kodak Reaches Deal With Bondholders

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Updated: 11/12/2012 9:51 pm

Rochester, N.Y. - Eastman Kodak has reached a $793 million financing deal with its bondholders.

The deal is contingent on the sale of Kodak patents for at least $500 million.

Kodak has been working to emerge from Chapter 11 bankruptcy since January.

The deal must be approved by a bankruptcy judge before it is final.

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