APC Automotive Technologies LLC, a car-parts supplier founded in 1927, has filed for bankruptcy with plans to hand ownership to lenders including Apollo Global Management Inc.
The Littleton, Colo., business sought protection from creditors Wednesday after entering into a restructuring agreement with 74% of its term loan lenders that will help it cut $290 million of its more than $430 million in debt. A forbearance period with lenders had ended on Monday.
..."auto" - Google News
June 04, 2020 at 03:03AM
https://ift.tt/2A2T7dp
Auto-Parts Supplier APC Files for Bankruptcy - Wall Street Journal
"auto" - Google News
https://ift.tt/2Xb9Q5a
https://ift.tt/2SvsFPt
Bagikan Berita Ini
0 Response to "Auto-Parts Supplier APC Files for Bankruptcy - Wall Street Journal"
Post a Comment