Pretium Packaging OK To Draw $401M In Speedy Ch. 11 Case

By Alex Wittenberg · January 30, 2026, 5:58 PM EST

Pretium Packaging secured a New Jersey bankruptcy judge's approval Friday to borrow $401 million to fund a Chapter 11 case designed to cut $900 million in debt and wrap up in...

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Bankruptcy Scorecard

Summary

Missouri-based packaging company Pretium Packaging LLC filed for Chapter 11 in a New Jersey bankruptcy court, with a prepackaged plan of reorganization aimed at reducing the company's funded debt by more than $900 million.

Case Number

3:2026-bk-10896

Judge

Christine M. Gravelle

Venue

U.S. Bankruptcy Court for the District of New Jersey

Capital Structure

Total Liabilities:

$1.836 billion

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Related Sections

Case Information

Case Title

Pretium Packaging, L.L.C.

Case Number

3:26-bk-10896

Court

New Jersey

Nature of Suit

Date Filed

January 28, 2026

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