Posted May 17, 2018 1:17 pm by Comments

By Dan Zimmerman

In a quick-turnaround, even by pre-packaged bankruptcy standards, Remington Outdoor announced today that they’ve emerged from Chapter 11. The filing allowed the company to shed $775 million of their crushing $950 million debt load. Remington also has a new $193 million asset-based lending facility in place to finance operations going forward. In exchange for forgiving […]

The post BREAKING: Remington Outdoor Emerges From Chapter 11 Bankruptcy appeared first on The Truth About Guns.

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Source:: Truth About Guns

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