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Remington secures funding to file Chapter 11 | BAE Systems adds financing deal to Malaysian Eurofighter offer | Finland’s Dragon Shield “operational”

Americas Firearms manufacturer Remington announced Monday that it has reached a deal with creditors that will allow it to file for bankruptcy to slash its $950 million debtload. The agreement grants Remington $145 million in bankruptcy financing to fund the company through the Chapter 11 process. Remington plans to file bankruptcy in US Bankruptcy Court […]
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With nearly $1 billion in debt and credit agencies warning that their capital structure is “unsustainable”, firearms and ammunition manufacturing giant Remington is looking for financing to fund business operations during bankruptcy...

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A number of people have sent us links to the news that 200-year-old gun manufacturer Remington is contemplating bankruptcy protections. “It’s not the first time Remington has been in financial trouble; it probably won’t be the last,...

Gunmaker Remington to file for bankruptcy protection

News : USAToday: News

Remington has reached a financing deal that would allow it to continue operating as it files for Chapter 11 bankruptcy protection.        

BREAKING: Remington to File for Chapter 11 Bankruptcy

Hobbies / Hunting : The Firearm Blog

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 an...


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