(March 3, 11:46 a.m.) A U.S. bankruptcy court in Wilmington, Del., granted final approval for Smurfit-Stone Container Corp. to receive up to $750 million in debtor-in-possession credit.

According to a news release from Smurfit-Stone, the court previously had granted the Creve Ceour, Mo.- and Chicago-based company interim access to $550 million of the credit. The company filed for Chapter 11 bankruptcy protection on Jan. 26.

“We are pleased to have completed this initial phase of the process and remain focused on providing our customers with an uninterrupted supply of quality goods and services,” said Patrick Moore, chairman and chief executive officer of Smurfit-Stone, in the release.

Smurfit-Stone’s Canadian subsidiaries also filed to reorganize under the Companies’ Creditors Arrangement Act in the Ontario Superior Court of Justice in Ottawa, according to the release.

Smurfit-Stone, the biggest cardboard maker in North America, listed total assets of about $7.45 billion and total debt of about $5.58 billion, as of Sept. 30, in its bankruptcy filing.