Debt Load

Guitar Center Files Chapter 11 to Cut Debt Load
Credit & Capital

Guitar Center Files Chapter 11 to Cut Debt Load

The COVID-19 pandemic has plunged the retailer into a liquidity crisis that "could not be resolved through short-term measures."
By Matthew Heller | November 23, 2020
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Skillsoft Files Chapter to Ease $2B Debt Burden
Technology

Skillsoft Files Chapter to Ease $2B Debt Burden

“While our core business remains strong, with attractive profitability and cash flow characteristics, our debt levels are too high."
By Matthew Heller | June 15, 2020
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Aramco Makes India Move With Reliance Stake
M&A

Aramco Makes India Move With Reliance Stake

The world's biggest oil producer has agreed to buy 20% of Reliance Industries' chemicals and refining business in a deal valued at $15 billion.
By Matthew Heller | August 12, 2019
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David’s Bridal Sees Bankruptcy in ‘Near Future’
Corporate Finance

David’s Bridal Sees Bankruptcy in ‘Near Future’

The wedding dress retailer has been struggling with debt amid a declining marriage rate and changing consumer tastes.
By Matthew Heller | November 16, 2018
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Sears Eyeing Chapter 11 With Debt Payment Due
Bankruptcy

Sears Eyeing Chapter 11 With Debt Payment Due

"This is the inevitable end game of an effective liquidation process that has been going on for many years," a retail analyst says.
By Matthew Heller | October 10, 2018
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PE Firms’ Role in Toys ‘R’ Us Collapse Questioned
Investment Banking

PE Firms’ Role in Toys ‘R’ Us Collapse Questioned

Democratic lawmakers have asked KKR and Bain Capital whether they had "a deliberate policy" to load the defunct retailer with debt.
By Matthew Heller | July 9, 2018
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Gibson Guitar Maker Faces Chapter 11 Music
Bankruptcy

Gibson Guitar Maker Faces Chapter 11 Music

Gibson Brands blames its bankruptcy on its attempt to evolve into a lifestyle brand by acquiring electronics companies.
By Matthew Heller | May 2, 2018
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Claire’s Stores Joins Retail Bankruptcy Parade
Corporate Finance

Claire’s Stores Joins Retail Bankruptcy Parade

The ear-piercing specialist says its core business is poised for growth but its debt burden is no longer sustainable.
By Matthew Heller | March 19, 2018
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Remington Filing Chapter 11 Amid Sales Slump
Strategy

Remington Filing Chapter 11 Amid Sales Slump

The iconic gun maker cites "difficult industry conditions" in announcing it has reached a debt-reduction agreement with creditors.
By Matthew Heller | February 13, 2018
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Appvion Files Chapter 11 Amid Paper Slump
Bankruptcy

Appvion Files Chapter 11 Amid Paper Slump

The coated paper industry "faces a long-term, structural decline as dependency on digital technology has increased," the company says.
By Matthew Heller | October 2, 2017
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Toys R Us Downgraded as Refinancing Looms
Risk

Toys R Us Downgraded as Refinancing Looms

S&P cites the possibility that Toys may address maturing bonds at less than par or engage in a broader restructuring.
By Matthew Heller | September 11, 2017
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CFO Daily Roundup of July 28, 2015
Buzz

CFO Daily Roundup of July 28, 2015

A collection of CFO.com articles and stories published on July 28, 2015.
By Kerry Maruna | July 29, 2015
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Mortgaging the Mouse
Corporate Finance

Mortgaging the Mouse

Amid turnstile heroics at Euro Disney, the villain is still heavy debt. What now for its new CFO?
By Victoria Griffith | August 1, 1997
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