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Colt Defense Arranges Financing to Continue Operations

As a follow-up to a story about Colt Defense LLC’s recent bankruptcy filing, Law Shield would like to inform our members that Colt has entered into a consensual agreement, under which Colt's secured lenders will provide $20 million in debtor in possession credit facilities to allow for ordinary course business operations during the Chapter 11

The post Colt Defense Arranges Financing to Continue Operations appeared first on U.S. & Texas LawShield.