What will Owens Cornings debt level look like post emergence?
Owens Corning will emerge from bankruptcy later this year with a strong balance sheet. At emergence, we will have less than $2 billion in debt, which translates to a debt to equity ratio of approximately 33.9 percent. We believe this level is both appropriate and manageable for a company of Owens Corning’s size and scope.
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- What will Owens Cornings debt level look like post emergence?