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.

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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.

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