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Gibson Makes Coupon Payment; CFO is Out

February 8, 2018 by Ted Leave a Comment

Debt Holders Increasingly Anticipate Bankruptcy Filing

Logo for Gibson BrandsGibson Brands announced at the end of last week that it had successfully completed a $16.6 million coupon payment to holders of its $375 million 8.875% senior secured notes due 2018. This news, a seemingly positive development for the company, really only means that they get to march forward towards their mid-year debt maturities – the big event. But, for the moment at least, they are stayin’ alive.

However, Gibson’s CFO has left the company… [Read more…] about Gibson Makes Coupon Payment; CFO is Out

Filed Under: Brands, Financial, Manufacturers, News Tagged With: Chelsea Frankel, debt, financing, Gibson Brands, Gibson Guitar, Henry Juszkiewicz, Reorg Research

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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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