Published on 18 Jan 2023 on Bloomberg via Yahoo Finance
Party City Seeks to Borrow Up to $200 Million for Possible Bankruptcy
(Bloomberg) -- Party City Holdco Inc. is looking to borrow $150 million to $200 million from bondholders to fund it during a possible bankruptcy, according to people with knowledge of the situation.
Most Read from Bloomberg
Microsoft to Cut Engineering Jobs This Week as Layoffs Go DeeperApple Delays AR Glasses, Plans Cheaper Mixed-Reality HeadsetInvestors Seek to Pull $20 Billion From Core Real Estate FundsChina’s Population Shrinks for First Time Since 1960s in Seismic ShiftLarry Fink Says ESG Narrative Has Become Ugly, Personal