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 another loan, but may still miss bond payment

The iconic company secured a $33 million loan Feb. 9, but is still at risk of missing a semi-annual $10.9 million payment to bondholders later this year.

The post Colt secures another loan, but may still miss bond payment appeared first on Guns.com.