Delaware court approves atypical DIP financing for guitar maker Gibson
Gibson Les Paul guitars (Credit: iStock.com/fabioderby)
The Delaware bankruptcy court has approved an atypical US$135 million amended post-petition financing package for guitar maker Gibson provided by secured noteholders, after the company added protections to its original plans following creditor objections.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Register now
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.
Subscribe now