Sentences with phrase «remington outdoor company»
NEW YORK (Reuters)- Weapons manufacturer Remington Outdoor Company Inc won approval for its bankruptcy plan on Wednesday, paving the way for the company to slash debt, boost its cash position and better weather the uncertain climate for firearms in the United States.
https://www.reuters.com/
Earlier this week the Remington Outdoor Company, one of the country's biggest and oldest gun manufacturers, said it would seek Chapter 11 bankruptcy protection amid plunging sales and mounting losses.
NEW YORK Weapons manufacturer Remington Outdoor Company Inc won approval for its bankruptcy plan on Wednesday, paving the way for the company to slash debt, boost its cash position and better weather the uncertain climate for firearms in the United States.
NEW YORK, May 2 Weapons manufacturer Remington Outdoor Company Inc won approval for its bankruptcy plan on Wednesday, paving the way for the company to slash debt, boost its cash position and better weather the uncertain climate for firearms in the United States.
(Reuters)- Remington Outdoor Company Inc, one of the largest U.S. makers of firearms, is working with investment bank Lazard Ltd (LAZ.N) on options to restructure its $ 950 million debt pile, people familiar with the matter said on Friday.
Remington Outdoor Company, headquartered in Madison, N.C., is one of the world's leading innovator, designer, manufacturer, and marketer of firearms, ammunition, and related products for the hunting, shooting sports, law enforcement, and military markets.
MADISON, N.C., Feb. 12, 2018 / PRNewswire / — Remington Outdoor Company («Remington» or «the Company») today announced that it has reached a Restructuring Support Agreement («RSA») with creditors holding a majority of the FGI Operating Company, LLC («FGI OpCo») Term Loans due in 2019 and 7.875 % Senior Secured Notes due in 2020 (the «Third Lien Notes»)(collectively, the «Consenting Creditors»).
NEW YORK, May 2 - Remington Outdoor Company Inc won approval for its bankruptcy plan on Wednesday, paving the way for the arms maker to slash debt, boost its cash position and better weather the uncertain climate for firearms in the United States.
Not exact matches
Remington Outdoor, one of the country's oldest and largest gun makers, said this week that a bankruptcy judge had approved its reorganization plan, which will transfer ownership of the company to creditors including JPMorgan.
Parent company Remington Outdoor announced in February it would expand the Alabama operation.