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Krdshrk

Remington is about to file for Bankrupcy

By Krdshrk, in General Discussion

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Sniper    6,372

Sniper
Posted

Success: Remington Outdoor Company Emerges From Bankruptcy

Nearly two months after filing for bankruptcy protection, Remington Outdoor Company has reportedly significantly reduced its debt load and interest expense. An ROC press release outlining basic terms of the agreement was issued today: 

"Remington Outdoor Company (“Remington” or “the Company”), one of the world’s leading designers and manufacturers of firearms, ammunition, and related products, announced today that it has emerged from Chapter 11 after successfully implementing its plan of reorganization (“the Plan”) previously confirmed by the Delaware bankruptcy court on May 4, 2018.

https://www.americanrifleman.org/articles/2018/5/17/success-remington-outdoor-company-emerges-from-bankruptcy/?utm_source=newsletter&utm_medium=insider&utm_campaign=0518

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