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Blackstone Group

Gibson Cuts Debt Deal to Delay Payment Date

December 13, 2017 by Ted Leave a Comment

Logo for Gibson BrandsGibson Brands has reached a deal with GSO Capital Partners, one of its existing lenders, in order to push back a loan payment by approximately two weeks to December 15th. The reason for the move was to try and time the payment such that it arrived later in the holiday season for better timing relative to their anticipated cash flow.

See more on this new, if temporary, debt deal… [Read more…] about Gibson Cuts Debt Deal to Delay Payment Date

Filed Under: Brands, Financial, Management, News, Pivot Point, Strategy Tagged With: Blackstone Group, debt, Gibson, Gibson Brands, Gibson Guitar, GSO Capital, Henry Juszkiewicz

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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