Reorganization Information
On November 9, 2006, the U.S. Bankruptcy Court for the Middle District of Florida entered an order confirming Winn-Dixie's Plan of Reorganization. The Plan will become effective -- and the company will emerge from bankruptcy -- once Winn-Dixie meets all closing conditions to the Plan and to the company's exit financing. Winn-Dixie expects to emerge from Chapter 11 by early December 2006.
Winn-Dixie expects to emerge from bankruptcy as a stronger and more financially stable company with sufficient financing and liquidity to make significant investments in its current store base, to selectively open new stores, and to take other actions that will allow Winn-Dixie to compete effectively in its markets over the next several years. The Company also expects to emerge with only a minimal amount of long-term debt on its balance sheet, and has a commitment for up to $725 million in exit financing from Wachovia Bank.
Links to connect you to additional information about our reorganization can be found in the navigation bar on the right-hand side of this screen, including Answers to Frequently Asked Questions.
Thank you for your interest in Winn-Dixie's reorganization.


