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Article Date: October 2020
Word Count: 92

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.

 


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