Posted February 13, 2018 3:36 pm by Comments

By Matthew Moss

Chapter 11

Last week we reported that Remington was seeking financing to file for Chapter 11 bankruptcy. On Monday the iconic gunmaker announced a financing deal had been agreed with its creditors. A Restructuring Support Agreement has been announced that will reduce approximately $700 million worth of Remington Outdoor Company’s consolidated outstanding debt. A Remington will also […]

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The post BREAKING: Remington to File for Chapter 11 Bankruptcy appeared first on The Firearm Blog.

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Source:: The Firearm Blog

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