E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/21/2009 in the Prospect News Distressed Debt Daily.

BTWW reports $5.91 million December net loss

By Caroline Salls

Pittsburgh, Jan. 21 - BTWW Retail LP reported a $5.91 million net loss for December on $26.93 million of net revenues, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Northern District of Texas.

The figures showed improvement over the $14.85 million net loss posted in November on $8.03 million of net revenues.

The company had $10.26 million in cash as of Dec. 31, compared with $9.28 million at the end of November.

Dallas-based BTWW, the largest retailer of western wear and accessories in the United States, filed for bankruptcy on Nov. 3. Its Chapter 11 case number is 08-35725.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.