Firearms maker Sturm, Ruger & Co. has inked a new credit facility with Wells Fargo Bank, National Association. The Credit Agreement provides for a revolving line of credit of up to $40 million, with a $10 million sublimit for letters of credit....
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October 04, 2018, 07:05 AM
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The financial institution that recently agented a $193 million debtor-in-possession financing for bankrupt gunmaker Remington says that going forward it will no longer provide capital to companies that produce civilain-style assault rifles, like the...
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April 13, 2018, 07:30 AM
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Remington Outdoor Company announced that it has reached a Restructuring Support Agreement with creditors holding a majority of the FGI Operating Company, LLC Term Loans due in 2019 and 7.875% Senior Secured Notes due in 2020. The RSA provides for the...
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February 13, 2018, 08:01 AM
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