May 1 (Reuters) – Gibson Brands Inc:
* GIBSON BRANDS REACHES RESTRUCTURING SUPPORT AGREEMENT TO REORGANIZE AROUND CORE BUSINESSES
* GIBSON BRANDS INC – TRANSACTIONS TO BE EFFECTUATED THROUGH PRE-NEGOTIATED CHAPTER 11 FILINGS
* GIBSON BRANDS INC – SECURED $135 MILLION IN DEBTOR IN POSSESSION FINANCING
* GIBSON BRANDS – REACHED RESTRUCTURING SUPPORT AGREEMENT WITH HOLDERS OF MORE THAN 69.0% IN PRINCIPAL AMOUNT OF 8.875% SENIOR SECURED NOTES DUE 2018
* GIBSON BRANDS INC – GIBSON INNOVATIONS BUSINESS, WHICH IS LARGELY OUTSIDE OF U.S. AND INDEPENDENT OF MUSICAL INSTRUMENTS BUSINESS, WILL BE WOUND DOWN
* GIBSON BRANDS – WIND-DOWN OF GI BUSINESS IS NOT EXPECTED TO IMPACT REORGANIZATION AROUND ITS CORE MUSICAL INSTRUMENTS/PRO AUDIO BUSINESS
* GI…
Read the full article at: https://www.reuters.com/article/brief-gibson-brands-reaches-restructurin/brief-gibson-brands-reaches-restructuring-support-agreement-to-reorganize-around-core-businesses-idUSASC09YH1