Skip to main content


If you are using a Hotmail or Outlook email address, please change it now, as Microsoft is rejecting all email from our service outright.
Topic: U.S. retailer Guitar Center files for bankruptcy (Read 205 times) previous topic - next topic
0 Members and 1 Guest are viewing this topic.

U.S. retailer Guitar Center files for bankruptcy

(Reuters) - Guitar Center Inc, the largest U.S. retailer of musical instruments and equipment, filed for Chapter 11 bankruptcy on Saturday, as music lovers moved their shopping online during the coronavirus pandemic.

The retailer 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, the company said in a statement.

[broken link removed]
Format: FLAC

SimplePortal 1.0.0 RC1 © 2008-2021