Tactical Atlas Firearm Blog

Colt hopeful exchange offer will win over investors on third try

Third time’s the charm? Colt Defense extends the deadline for creditors to exchange notes or vote in support of a pre-packaged plan for bankruptcy.

The post Colt hopeful exchange offer will win over investors on third try appeared first on Guns.com.

Colt’s credit rating cut to the lowest possible

Standard & Poor’s downgraded both Colt’s debt rating and corporate credit rating to a “D” from “CC,” the rating service said in a statement Tuesday.

The post Colt’s credit rating cut to the lowest possible appeared first on Guns.com.