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Moody's Investors Service, ("Moody's") upgraded the ratings for American Tire Distributors, Inc. (New) ("American Tire"), including: the corporate family rating (CFR) and senior secured first-out ...
American Tire Distributors announced on Tuesday, citing $1.9 billion in debt while holding only $30 million in cash. This marks the second time the company has filed in the past decade.
It generated about $4.8 billion of revenue for the twelve months ended Oct. 3, Moody’s said. Huntersville, North Carolina-based American Tire is a wholesale distributor of tires, custom wheels and ...
American Tire Distributors, the largest seller of replacement tires in the U.S., filed for bankruptcy protection late Tuesday for the second time since 2018, seeking to sell itself to a group of ...
Founded in 1935, American Tire is the only US distributor that carries the flag brand of the four leading tire manufacturers. The Company also offers one of the largest selections of custom wheels ...
Contact: American Tire Distributors Ron Sinclair, 704-992-2000 [email protected] or Luquire George Andrews, Inc. David Coburn, 704-552-6565 [email protected] Photo courtesy of Shutterstock.
TPG Capital has agreed to buy American Tire Distributors Holdings Inc. for $1.3 billion, from Investcorp, Berkshire Partners and Greenbriar Equity Group. The deal is expected to close next quarter.
Contacts American Tire Distributors Jessica Kessel Senior Director, Corporate Brand Affairs & Communications [email protected] 704.516.1162 Aaron Palash / Jack Kelleher / Haley Salas ...
American Tire Distributors has filed for chapter 11 bankruptcy protection. Shown, stacks of tires at a Los Angeles auto-parts lot in 2015. Photo: Jae C. Hong/Associated Press ...
HUNTERSVILLE, N.C. — Delivering products to dealers has taken on another meaning for American Tire Distributors Inc. (ATD). The company, North America's largest tire distributor, has spent the last ...
American Tire Distributors Inc. has begun discussions with a group of bondholders about a debt swap or restructuring after two major tire suppliers said they would no longer do business with the ...
American Tire Distributors Inc. is considering a bankruptcy filing as part of a proposed $2.4 billion debt overhaul, according to people with knowledge of the matter.
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