for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Business

U.S. retailer Guitar Center files for bankruptcy

Posted

Guitar Center Inc filed for Chapter 11 bankruptcy on Saturday, saying it has negotiated to have a total of $375 million in debtor-in-possession financing from its existing lenders and intends to raise $335 million in new senior secured notes. This report produced by Chris Dignam.

Business

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up