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Eastman Kodak Co Completes Pension Reversion Process
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Eastman Kodak Co completed its pension reversion process, securing over $1 billion in assets. Key actions include transferring $13M in liabilities to PBGC, settling KRIP obligations, reverting $1.023B in excess assets, repaying $312M in term loans, and funding a new cash balance plan with $256M. The company projects $100M cash from investment assets by the end of 2026.
On December 2, 2025, Eastman Kodak Co announced the completion of its pension reversion process, securing over $1 billion in assets.
Key Highlights:
- Transferred $13M in liabilities to PBGC, settling all KRIP obligations.
- Reverted $1.023B in excess assets, strengthening Kodak's balance sheet.
- Directed $312M to repay term loans, reducing balance to $200M.
- Funded new Kodak Cash Balance Plan with $256M for future benefits.
- Projected $100M cash from investment assets by end of 2026.
Original SEC Filing: EASTMAN KODAK CO [ KODK ] - 8-K - Dec. 02, 2025
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