Troubled US grocery distributor Fleming has asked a bankruptcy court to approve US$150m in financing and other measures the company says will help its restructuring efforts.

Fleming said that Deutsche Bank Trust Co Americas and JP Morgan Chase Bank would be the lenders for the debtor-in-possession financing, reported AP Online.

The company also asked for approval of an arrangement to allow trade vendors who agree to supply Fleming and restore trade terms to participate in a lien on the company’s assets.

Fleming filed for Chapter 11 bankruptcy protection on 1 April, a month after a contract with its then largest customer Kmart was ended.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now