{"id":2310,"date":"2008-11-02T23:18:38","date_gmt":"2008-11-03T06:18:38","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=2310"},"modified":"2008-11-03T19:07:21","modified_gmt":"2008-11-04T02:07:21","slug":"quiksilver-scrambling-to-service-debt","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=2310","title":{"rendered":"Quiksilver Scrambling To Service Debt"},"content":{"rendered":"<p><a href=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2008\/11\/quik-logo.jpg\" onclick=\"window.open('http:\/\/www.boardistan.com\/wp-content\/uploads\/2008\/11\/quik-logo.jpg','popup','width=180,height=53,scrollbars=no,resizable=yes,toolbar=no,directories=no,location=no,menubar=no,status=yes,left=0,top=0');return false\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2008\/11\/quik-logo-tm.jpg\" height=\"58\" width=\"200\" border=\"1\" align=\"right\" hspace=\"4\" vspace=\"4\" alt=\"Quik Logo\" \/><\/a><strong><a href=\"http:\/\/www.ocbj.com\/industry_article_pay.asp?aID=23840179.5964624.1703052.9075543.3165029.500&amp;aID2=130995\" target=\"_blank\">The Orange County Business Journal<\/a><\/strong> is reporting that <strong><a href=\"http:\/\/www.quiksilver.com\/\" target=\"_blank\">Quiksilver<\/a><\/strong> is actively looking for funding to help negotiate what it calls one of the company&#8217;s &#8220;worst downturns in clothing sales in recent memory.&#8221;<\/p>\n<blockquote><p>Quiksilver has hired <strong>Morgan Stanley<\/strong> to help it look at ways to raise money, including from existing lenders, through a stock sale or a possible private equity investment. . .The company reworked a European credit line that was due last Friday. Quiksilver is paying its lender $19 million now and deferring $71 million until March. . . Quiksilver said it expects to have about $100 million in cash and equivalents after the close of the Rossignol sale and debt payments made before the close of the company\u2019s fiscal year that ended Friday.<\/p><\/blockquote>\n<p>Sadly, some of the recent rumors regarding the surf giant&#8217;s financial future appear to be growing legs.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.ocbj.com\/industry_article_pay.asp?aID=23840179.5964624.1703052.9075543.3165029.500&amp;aID2=130995\" target=\"_blank\">Orange County Business Journal<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Orange County Business Journal is reporting that Quiksilver is actively looking for funding to help negotiate what it calls one of the company&#8217;s &#8220;worst downturns in clothing sales in recent memory.&#8221; Quiksilver has hired Morgan Stanley to help it look at ways to raise money, including from existing lenders, through a stock sale or [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10,3,4,6,12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/2310"}],"collection":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2310"}],"version-history":[{"count":0,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/2310\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2310"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}