XBP Global Holdings, Inc., previously known as XBP Europe Holdings, Inc., has entered a significant phase in its restructuring process under Chapter 11. The company has signed a Transaction Support Agreement with Exela Technologies BPA, LLC and its affiliates to support their reorganization plan. As part of this effort, a Tax Funding Agreement has been established involving Exela Technologies and other parties to finance certain tax liabilities. Additionally, Exela Technologies BPA, LLC has secured a $150 million revolving credit facility through a Credit and Security Agreement with MidCap Financial Trust, offering crucial financial support as the company restructures. Further exit financing arrangements include the issuance of $183 million in exit notes and a $40 million Gates Exit Facility Agreement to refinance existing debt. These measures are key steps in XBP Global Holdings' path to financial recovery.