Kitchenware manufacturer EveryWare Global said yesterday that it has emerged from bankruptcy under new ownership and with $250 million in debt erased from its balance sheet, Dow Jones Daily Bankruptcy Review reported today. Sam Solomon, EveryWare Global's chief executive, said the company is leaving chapter 11 with a strengthened balance sheet and $110 million in exit financing. The maker of Anchor Hocking and Oneida kitchen products arrived in bankruptcy in April with a prearranged deal with senior lenders. They have agreed to swap the approximately $250 million they're owed for 96 percent of EveryWare Global's new common stock, under the chapter 11 plan.
