Find public news by keyword, exact ticker, category and date.
Open a ticker page for its news coverage. The news search below stays a text search.
3 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
Swimming pool retailer Leslie's has filed for Chapter 11 bankruptcy in Houston, aiming to eliminate roughly 90% of its debt. The Phoenix-based company entered bankruptcy with an agreement backed by more than 80% of its lenders.
The pool supplies and service provider said it entered a debt restructuring agreement with lenders as it battles a sales slump and weak U.S. housing demand.
Leslie's Inc. has filed for Chapter 11 bankruptcy to restructure its debt, announcing a Restructuring Support Agreement that will eliminate approximately 90% of its outstanding funded debt. The company also secured $150 million in new capital, including $90 million in DIP financing and $60 million in equity financing.