Pacific Ethanol delays Q1 file, lender talks still on

摘要

New York-Embattled ethanol producer Pacific Ethanol has delayed filing its first-quarter results as it "diligently" negotiates with lenders to dodge bankruptcy, the company said in a securities filing posted on May 12.Pacific "has been actively pursuing a number of alternatives, including seeking to restructure its debt and seeking to raise additional debt or equity financing, or both," the filing said.