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The asset divestitures are aimed at helping to cover the company's hefty debt load.
But it has labored for years to emerge from a hefty debt load taken on in a 2007 leveraged buyout.
That amount did little to reduce Revlon's hefty debt load -- now $1.6 billion, the enduring legacy of his buyout.
Fiat's hefty debt load would prevent it from making big investments in new, energy-efficient technology, Mr. Dudenh?r wrote in a study.
Investors have sometimes shied away from such offerings, wary of buying into a company with a hefty debt load that needs to be paid down.
The company filed for Chapter 11 in September, burdened by a hefty debt load and pressured from online rivals like Netflix and Redbox.
Similar(43)
We'd put it in the "Good" category, except that it still has a hefty debt burden.
School A has offered the student a financial aid package that requires the student to take on a heavy debt load and the parents to come up with a hefty contribution.
Adding to its woes was a heavy debt load.
Are you already carrying a heavy debt load?
Avoid companies with a heavy debt load.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com