Skip to main content
Industry News
Party City plans new bondholder deal to pay down debt
6/1/2020

Party City Holdco has proposed a debt-for-equity swap with bondholders that would remove around $450 million in debt and raise $100 million in capital, the retailer said. The deal would give the bondholders a 19.9% equity interest in the retailer, along with two new bond issues totaling $285 million, with maturity dates in 2025 an 2026.

Full Story: