Tactical Atlas Firearm Blog

Colt waivers loan agreement to defer annual filing

If Colt fails to deliver its annual financial statements for fiscal year 2014 it constitutes an event of default under the terms of the agreement.

The post Colt waivers loan agreement to defer annual filing appeared first on Guns.com.

Colt secures $70 million loan to avoid default

Colt Defense LLC will not default on a major payment since it secured a new $70 million loan, according to Monday's filing with regulators.

The post Colt secures $70 million loan to avoid default appeared first on Guns.com.

Colt warns of possible default, likely to miss $10.9 million payment

With diminishing sales and unlikeliness of paying bondholders, Colt Defense, LLC warns of a bleak financial future.

The post Colt warns of possible default, likely to miss $10.9 million payment appeared first on Guns.com.