Memo to Kodak Employees Outlines Next Steps

Markets are reacting to news of Kodak's $793 million financing deal to emerge from bankruptcy. 
Analysts say confidence is moderate among investors on Wall Street.
 Bonds traded at around 13 cents on the dollar, up from the last time the market was open, on Friday.
 Brighton Securities Analyst Doug Hendee said "If there was a huge vote of confidence those bond prices would have gone up significantly, and I suspect since they didn't it's more like 'We see what you're putting on the table, now let's see if it gets approved. Let's see if you can actually do it the way you say you're gonna do it.'"
 Kodak's Chief Financial Officer outlined those plans to secure the funding in an internal memo obtained by News 8.
 The memo says Kodak is confident that they can sell their digital patent portfolio for $525 million.
 It also references the $700 million dollar price tag (found in SEC documents filed today), for one or more of Kodak's personalized and digital imaging businesses.
 The memo states they are "encouraged by the robust and continued interest", but adds the number is quote "not the target for sales efforts" or a value they "ascribe to those businesses".
 The memo says it's only a minimum to help the company convert interim to exit financing.