YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Wedding retailer David's Bridal reportedly missed an interest payment on $270 million in unsecured notes.
The missed payment could set the stage for a bankruptcy filing, USA Today reports.
Mathew Christy, an S&P Global Ratings analyst who tracks the retailer, said there's a "very high likelihood" of bankruptcy or a consensual debt restructuring for David's Bridal.
Read more from USA Today.
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