361 Degrees Continues to Pay Down Debt
The Chinese apparel and footwear brand repurchased another $20,100,000 of its 7.25% senior unsecured notes due in June 2021 on the open market, reducing the outstanding balance to $273,910,000. Last month, Standard & Poor’s downgraded its ratings on the company and the debt, noting that 361° ... Log in to view full article.