Kodak Completes $527 Million Transaction Related to Digital Imaging Patents

“The licensing and sale of our digital imaging patents is another major milestone toward successful emergence,” said Antonio M. Perez, chairman and CEO. “We are on track to emerge as a profitable, sustainable company.”

The completion of the sale enables Kodak to repay a substantial amount of its initial DIP loan, satisfy a key condition for its newly approved financing facility, and position its core Commercial Imaging business for future growth and success.