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(AP) – Great Atlantic Tea Co. filed for Chapter 11 bankruptcy protection on Sunday. Here’s a look at the largest creditors of the grocer best known as AP.
In a bankruptcy reorganization, secured debtholders are paid first, followed by unsecured debtholders. Holders of the company’s stock are typically last in line.
TOP SECURED CREDITORS
—Wilmington Trust holds $260 million in secured debt.
—Bank of America is the other listed secured creditor, holding $133.8 million.
TOP UNSECURED CREDITORS
—Wilmington Trust Co.: The agent for several classes of bond holders is listed as creditor for at least $632.8 million.
—McKesson Drug Co.: The drug supplier is owed trade debt of $15. 1 million.
—Haddon House Food Products: The company is owed trade debt of $10.6 million.
—Coca-Cola Enterprises Inc.: The soda bottler is owed trade debt of $7.1 million.
—Frito-Lay Inc.: The PepsiCo company is owed trade debt of $4.5 million.
—Nabisco Biscuit Co.: The Kraft business is owed trade debt of nearly $4 million.