Blog — REMINGTON BANKRUPTCY

Remington Outdoor Company Emerges From Chapter 11 Bankruptcy

May 18, 2018 • Remington • REMINGTON BANKRUPTCY • REMINGTON OUTDOOR COMPANY

Significantly Reduced Debt Load and Interest Expense Continued Focus on Revitalization

Remington Begins Chapter 11 Bankruptcy Proceedings

February 18, 2018 • REMINGTON BANKRUPTCY • REMINGTON OUTDOOR COMPANY

“Holders of the gunmaker’s $550 million term loan will take an 82.5 percent equity stake in Remington while third-lien noteholders get 17.5 percent of the company and four-year warrants for a 15 percent stake. Creditors will also provide a $100 million debtor-in-possession loan to finance operations throughout bankruptcy.”