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Tag: American Tire Distributors


Capital and Risk, Credit

Wells Fargo Provides $1B in Financing to Support ATD Chapter 11 Exit

December 26, 2018

Via: ABF Journal

Wholesale tire supplier American Tire Distributors (ATD) successfully completed its financial recapitalization, reduced its debt by approximately $1.1 billion and emerged from Chapter 11. Wells Fargo Capital Finance provided $1.005 billion in committed exit financing to support operations and future […]


Capital and Risk, Credit

BofA Agents $250MM DIP for American Tire Distributors

October 9, 2018

Via: ABF Journal

American Tire Distributor reached an agreement with a majority of its term loan holders to support its restructuring support agreement, which would reduce the company’s debt by approximately $1.1 billion and increase its financial flexibility as it continues its ongoing […]