The majority of Party City stores will stay open as it exits ... - CNN
WEBSep 7, 2023 · The plan cancels nearly $1 billion of Party City’s debt, and while some of Party City’s nearly 800 US stores will close due to the bankruptcy agreement, the majority will stay open,...
Party City set to exit bankruptcy with $1 billion debt reduction
WEBSept 6 (Reuters) - A U.S. bankruptcy judge on Wednesday approved Party City Holdco's Chapter 11 bankruptcy plan, which will cancel about $1 billion in company debt and turn all of its equity...
Party City emerges from bankruptcy, CEO to exit - Retail Dive
WEBOct 13, 2023 · After filing for Chapter 11 bankruptcy protection at the start of the year, Party City Holdco has completed its restructuring efforts and emerged from bankruptcy, according to a company...
Bankruptcy court approves Party City exit plan, slashing nearly …
WEBSep 7, 2023 · The U.S. Bankruptcy Court for the Southern District of Texas has approved Party City’s restructuring plan, which entails debt reduction and private ownership. The retailer’s parent company,...
America’s largest party supply store files for bankruptcy
WEBJan 18, 2023 · The largest party goods and Halloween specialty retail chain in the United States said in a regulatory filing that it reached an agreement with debtholders to cut its $1.7 billion debt load. The...
Party City gets a reprieve: Judge OKs bankruptcy plans. What …
WEBSep 10, 2023 · Party City Holdco Inc. has filed for Chapter 11 bankruptcy protection, Wednesday, Jan. 18, 2023 as the party supply chain confronts inflationary pressures and a pullback in consumer spending.
Party City files for bankruptcy with plans to restructure mounting …
WEBJan 18, 2023 · Retailer Party City has filed for Chapter 11 bankruptcy protection in a bid to restructure its heavy debt load and keep its doors open after supply chain woes, rising inflation and a consumer...
Party City set to exit bankruptcy with $1 billion debt reduction
WEBSep 6, 2023 · (Reuters) -A U.S. bankruptcy judge on Wednesday approved Party City Holdco's Chapter 11 bankruptcy plan, which will cancel about $1 billion in company debt and turn all of its equity value over...
Party City to Exit Bankruptcy, Expected to Slash Some $1 Billion in ...
WEBSep 6, 2023 · Party City Cleared to Exit Bankruptcy, Avoiding Fate of Retail Peers. Company is expected to slash some $1 billion in liabilities; Others like Bed Bath & Beyond liquidated in recent...
Party City files for bankruptcy after pandemic rebound struggles - NBC News
WEBJan 18, 2023 · Party City filed for Chapter 11 bankruptcy protection on Tuesday, making it the latest casualty in the U.S. retail industry as persistently high inflation takes a toll on consumer spending.